🟢 SMCI is trading 12% up today on Q3 earnings beat and margin recovery

SMCI is trading at $31.26 (+12%) after hours following its Q3 fiscal 2026 earnings release, as a sharp profitability rebound offsets a revenue miss.

• Non-GAAP EPS reached $0.84, beating the $0.63 estimate, while gross margins recovered significantly to 9.9% from 6.3%.
• Revenue for the quarter was $10.2 billion, missing the $12.39 billion consensus estimate.
• The stock is surging as investors prioritize the margin expansion and earnings beat over the top-line revenue shortfall.