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Super Micro Computer Reports Q2 Financials, Raises 2024 FY Guidance: Over 100% YOY Sales Increase

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Super Micro Computer, Inc. (NASDAQ:SMCI) shares are racing higher after the company reported its second-quarter financial results after the bell. Here’s a look at the highlights.

The Details:

Super Micro Computer reported quarterly earnings of $5.59 per share, beating the analyst consensus estimate of $4.93 by 13.39% and representing a 71.47% increase over earnings of $3.26 per share from the same period last year.

The company reported quarterly sales of $3.67 billion. Quarterly sales beat the analyst consensus estimate of $3.06 billion by …

Full story available on Benzinga.com

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