Super Micro Computer, Inc. Announces 2nd Quarter 2017 Financial Results

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Go back to Super Micro Computer, Inc. Announces 2nd Quarter 2017 Financial Results

Super Micro Computer (SMCI) PT Raised to $33 at Needham & Company Following 2Q Beat and Raise

January 27, 2017 6:55 AM EST

Needham & Company raised its price target on Super Micro Computer (NASDAQ: SMCI) to $33.00 (from $28.00) while maintaining a Buy rating following the company's 2Q earnings report. SMCI reported revenue of $652M, above its guided range ($570-640M) and non-GAAP EPS of $0.48 (vs. its $0.38-0.52... More

Super Micro Computer (SMCI) PT Raised to $33 at Susquehanna; Strong Momentum Ahead of A Product Cycle

January 27, 2017 6:26 AM EST

Susquehanna raised its price target on Super Micro Computer (NASDAQ: SMCI) to $33.00 (from $27.00) while maintaining a Positive rating, citing strong momentum ahead of a product cycle.

Analyst Mehdi Hosseini commented, "SMCI is executing well on its Enterprise strategy, and we are... More

Super Micro Computer (SMCI) Tops Q2 EPS by 2c, Q3 Guidance Tops Views

January 26, 2017 4:15 PM EST

Super Micro Computer (NASDAQ: SMCI) reported Q2 EPS of $0.48, $0.02 better than the analyst estimate of $0.46. Revenue for the quarter came in at $652 million versus the consensus estimate of $608.2 million.

GUIDANCE:

Super Micro Computer sees Q3 2017 EPS of $0.34-$0.42, versus the... More