StocksMediumUpdated×6•Originally published 3 November 2026•Updated 3 November 2026•
1 min read
Super Micro Computer Stock Rises on EPS Beat and Strong Q2 Revenue Guidance
Key Facts
1Super Micro Computer shares rose as earnings results demonstrated booming demand for AI servers.
2CFO Mark Long stated the company is building a high-quality customer base fueling revenue growth.
Super Micro Computer reported first-quarter adjusted earnings per share of $1.80, beating analyst forecasts. The company posted quarterly revenue of $19.95 billion and issued strong guidance for the second quarter, projecting revenue between $19.5 billion and $21.5 billion.
SMCI was trading at $32.27 on November 3, 2026, up from the previous day's close of $30.44. MarketWatch reported that CFO Mark Long stated the company is focusing on high-quality customer growth to meet AI server demand, as the firm raised its full-year revenue guidance to a range of $72 billion to $82 billion.