🟢 Super Micro Computer is trading 7.72% up in after-hours trading after margin outlook exceeded prior guidance

Super Micro Computer is trading 7.72% up now at $34.04 after preliminary fiscal fourth-quarter results showed approximately $11.1 billion in revenue and a sharp gross-margin recovery to 17.5%.

• Reported margin outlook of 15%-17% substantially exceeded prior guidance of 8.2%-8.4%.
• Quarterly orders surpassed $60 billion.
• The earnings release is the clearest catalyst for the after-hours move.