(Updates with the stock move in the headline and the first paragraph.)
Super Micro Computer's (SMCI) shares were up more than 12% in recent premarket activity on Wednesday after the company reported overnight a surprise jump in fiscal Q2 adjusted earnings and a stronger-than-expected increase in revenue for the quarter.
The company reported fiscal Q2 adjusted net income late Tuesday of $0.69 per diluted share, up from $0.59 a year earlier.
Analysts polled by FactSet expected $0.49.
Revenue in the three months ended Dec. 31 rose to $12.68 billion from $5.68 billion a year earlier.
Analysts polled by FactSet expected $10.42 billion.
The company expects fiscal Q3 non-GAAP EPS of at least $0.60 on revenue of at least $12.3 billion.
Analysts polled by FactSet project adjusted earnings of $0.52 on revenue of $10.19 billion.
For fiscal year 2026, Super Micro Computer expects net sales of at least $40.0 billion. Analysts expect $36.36 billion.
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