Super Micro Computer raises 2024 revenue outlook after earnings beat, shares down

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

پاکستان خبریں خبریں

پاکستان تازہ ترین خبریں,پاکستان عنوانات

Super Micro Computer raises 2024 revenue outlook after earnings beat, shares down

The company posted quarterly earnings per share of $6.65, beating the analysts' expectations of $5.80. However, revenue came in at $3.85 billion, notably below the consensus estimate of $3.99 billion.

Looking ahead, Super Micro Computer projects its fourth-quarter 2024 EPS to be between $7.62 and $8.42, topping the analysts' consensus of $7.14. It also anticipates fourth-quarter revenue to range from $5.1 billion to $5.5 billion, also above the projected $4.89 billion. “Strong demand for AI rack scale PnP solutions, along with our team’s ability to develop innovative DLC designs, enabled us to expand our market leadership in AI infrastructure,” Charles Liang, President and CEO of Supermicro.

 

آپ کے تبصرے کا شکریہ۔ آپ کا تبصرہ جائزہ لینے کے بعد شائع کیا جائے گا۔
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

 /  🏆 450. in PK

پاکستان تازہ ترین خبریں, پاکستان عنوانات