Lates News

The microcomputer (SMCI.O) is expected to have fourth quarter revenue near the bottom of the guidance range of 11 billion to 12.5 billion US dollars. The gross profit margin for the fourth quarter is expected to be 15% to 17%, significantly higher than the previous guidance of 8.2% to 8.4%. The company set a new record for unfilled orders at the end of the fiscal year, with over $60 billion in new orders to be delivered. Shares of the microcomputer surged over 20% after hours.