Super Micro's monster earnings forecast sends stock soaring yet again

After Super Micro Computer Inc. shares surged to their best day on record earlier this month upon upbeat preliminary financial results, they were rallying again after the company issued a blowout outlook Monday afternoon. Super Micro SMCI, +4.54% expects fiscal third-quarter revenue of $3.7 billion to $4.1 billion along with adjusted earnings per share of $5.20 to $6.01. Both forecasts came in well above the FactSet consensus, which was calling for $2.9 billion in revenue and $4.61 in adjusted EPS. “Wh ...