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Super Micro stock jumps 19% on guidance beat as revenue more than doubles

CNBC·Jordan Novet·28 days ago
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Super Micro CEO Charles Liang speaks at the HumanX conference in Las Vegas on March 10, 2025. Big Event Media | HumanX | Getty Images Super Micro Computer shares jumped 19% in extended trading on Tuesday after the server maker issued strong guidance, although revenue for its fiscal third quarter came in below estimates. Here's how the company did in comparison with LSEG consensus: Earnings per share: 84 cents adjusted vs. 62 cents expected Revenue: $10.24 billion vs. $12.33 billion expected Revenue jumped 123% year over year in the quarter, which ended on March 31, according to a statement . Customer readiness caused delays in recognizing revenue during the quarter, CEO Charles Liang told analysts on a conference call. "Several customers were not yet equipped with the power and networking required for their cloud deployment, and we expect to capture this revenue in the coming quarters," he said.…

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