According to Bloomberg, Super Micro rose 18% in extended trading after issuing a strong fiscal fourth-quarter forecast. The company expects adjusted profit of 65 to 79 cents per share on revenue of $11.2 billion to $12.5 billion, topping analyst estimates of 57 cents per share. For the quarter ended March 31, Super Micro reported adjusted profit of 84 cents per share, beating estimates of 63 cents.
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