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Super Micro Computer raises 2024 revenue outlook after earnings beat, shares down By Investing.com

Super Micro Computer raises 2024 revenue outlook after earnings beat, shares down By Investing.com
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Super Micro Shares Dip On Mixed Q3 Results: EPS Beat, Sales Miss - Super Micro Computer (NASDAQ:SMCI)

Super Micro Computer reported quarterly earnings of $6.65 per share which beat the analyst consensus estimate of $5.78 by 15.05% and represents a 307.98% increase over earnings of $1.63 per share from the same period last year. Quarterly sales clocked in at $3.85 billion which missed the analyst consensus estimate of $3.952 billion by 2.58% and is a 200.08% increase year-over-year. ....

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Meet the 2 Best S&P 500 Stocks of 2024. They Could Soar Another 69% and 91%, According to Certain Wall Street Analysts.

Nvidia and Super Micro Computer have been the best-performing S&P 500 stocks of 2024, but select Wall Street analysts still see substantial upside for shareholders. ....

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