Super Micro shares soar more than 30% to record on uplifting preliminary results
Super Micro Computer, one of the best-performing tech stocks of the past few years, soared more than 30% on Friday to a record, after the maker of data center hardware issued preliminary financial results that exceeded estimates.The company said revenue for the fiscal second quarter, which ended Dec. 31, will come in at $3.6 billion to $3.65 billion, well above prior guidance of $2.7 billion to $2.9 billion. Analysts on average were expecting revenue of $3.06 billion, according to LSEG, formerly known as Re ...