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Super Micro Computer's Q1 preliminary revenue guidance was raised to $18.5 billion-$19.5 billion, significantly exceeding expectations by approximately 27%. Its stock price surged 11% in after-hours trading.
Super Micro Computer on Tuesday released a preliminary earnings update for the first quarter of fiscal year 2027, projecting revenue in the range of $18.5 billion to $19.5 billion, significantly higher than its previous guidance of $14 billion to $15.5 billion. The midpoint of this range is approximately 27% above analysts' average expectation of $15.23 billion, primarily driven by increased demand for AI platforms. Following the announcement, Super Micro Computer's stock price surged 11% in after-hours trading. The company is scheduled to hold its quarterly earnings conference call on November 3 at 5 PM ET.
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