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Super Micro Computer Inc. (NASDAQ:SMCI) reported third-quarter results after Tuesday’s closing bell, beating the Street’s earnings estimate and issuing strong forward guidance.
Here’s a look at the details inside the report.
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SMCI Q3 Details
Super Micro Computer reported quarterly earnings of 84 cents per share, which beat the consensus estimate of 62 cents by 35.48%, according to Benzinga Pro data.
Quarterly revenue came in below expectations at $10.24 billion, which missed the Street estimate of $12.33 billion.
Non-GAAP gross margin of 10.1% versus 9.7% in the same quarter last year.
The company reported cash flow used …
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