Super Micro Shares Surge 20% After it Says Gross Margins Will Nearly Double

Dow Jones07-22 04:37

Shares of Super Micro surged 20% in after-hours trading Tuesday after the tech firm said that its gross margins for the quarter ending in June will be in the range of 15% to 17% -- double the 8.2% to 8.4% from its prior guidance.

This is breaking news. Check back for updates.

Write to Anita Hamilton at anita.hamilton@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

July 21, 2026 16:37 ET (20:37 GMT)

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