SMCI - Why Super Micro Computer Shares Are Trading Higher By Over 10%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Super Micro Computer, Inc. (NASDAQ: SMCI) shares rose sharply in today’s pre-market trading as the company posted upbeat results for its second quarter.
Super Micro Computer reported quarterly earnings of $5.59 per share, beating the analyst consensus estimate of $4.93. The company reported quarterly sales of $3.67 billion, which topped the analyst consensus estimate of $3.06 billion.
The company also raised its fiscal year 2024 guidance for revenues from a range of $10 billion to $11 billion to a range of $14.3 billion to $14.7 billion.
Super Micro Computer shares jumped 10.6% to $548.25 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Agape ATP Corporation (NASDAQ: ATPC) gained 65.1% to $0.8420 in pre-market trading after gaining around 13% on Monday.
- Petros Pharmaceuticals, Inc. (NASDAQ: PTPI) gained 45.3% to $1.99 in pre-market trading after gaining more than 25% on Monday. Petros Pharmaceuticals recently announced completion of initial cohort of Phase 2 equivalent self-selection study.
- C3is Inc. (NASDAQ: CISS) shares jumped 40.6% to $0.19 in pre-market trading after a 13G filing showed ...