Shares of Super Micro Computer Inc (NASDAQ:SMCI) rose sharply in pre-market trading after the company posted better-than-expected results for its second quarter.
Super Micro Computer reported quarterly earnings of 69 cents per share, which beat the analyst consensus estimate of 49 cents by 41.68%, according to data from Benzinga Pro. Quarterly revenue came in at $12.68 billion, which beat the Street estimate of $10.22 billion and was up from $5.68 billion in the same period last year.
Super Micro said it expects third-quarter adjusted EPS of 60 cents, versus the 53-cent analyst estimate, and expects revenue in a range of $12.3 billion, versus the $10.15 billion analyst estimate.
Super Micro Computer shares jumped 10.5% to $32.79 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- eLong Power Holding Ltd (NASDAQ:ELPW) gained 73.3% to $1.56 in pre-market trading. Elong Power Holding announced closing of $7.6 million public offering.
- Park Ha Biological Technology Co Ltd (NASDAQ:BYAH) gained 62.6% to $0.13 in pre-market trading.
- Concorde International Group Ltd (NASDAQ:CIGL) shares rose 43.3% to $3.87 in pre-market trading a following the announcement of a merger agreement with Hong Kong-based YOOV Group Holding Limited valued at $600 million.
- Sunation Energy Inc (NASDAQ:SUNE) rose 32.8% to $1.04 in pre-market trading following the company’s announcement that it had eliminated approximately $1.1 million in remaining long-term debt.
- Boxlight Corp (NASDAQ:BOXL) gained 24.5% to $1.61 in pre-market trading after rising 3% on Tuesday.
- Liminatus Pharma Inc (NASDAQ:LIMN) gained 21.5% to $1.30 in pre-market trading after gaining 87% on Tuesday.
- Enphase Energy Inc (NASDAQ:ENPH) gained 20.7% to $45.00 in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.
- Digital Turbine Inc (NASDAQ:APPS) gained 18.5% to $5.86 in pre-market trading after the company reported better-than-expected third-quarter financial results and raised its FY26 sales guidance.
- 8×8 Inc (NASDAQ:EGHT) gained 17.4% to $1.95 in pre-market trading r after the company reported better-than-expected third-quarter financial results and raised its FY26 guidance above estimates.
Losers
- UTime Ltd (NASDAQ:WTO) fell 36.2% to $0.70 in pre-market trading after jumping 83% on Tuesday.
- Intapp Inc (NASDAQ:INTA) dipped 20.4% to $23.30 in pre-market trading after the company reported mixed second-quarter financial results and issued third-quarter adjusted EPS guidance below estimates.
- Adial Pharmaceuticals Inc (NASDAQ:ADIL) fell 17.7% to $0.17 in pre-market trading after the company announced a 1-for-25 reverse stock split.
- Texxon Holding Ltd (NASDAQ:NPT) fell 18.8% to $5.85 in pre-market trading after gaining 26% on Tuesday.
- DSS Inc (NYSE:DSS) shares dipped 17.3% to $1.15 in pre-market trading after announcing the launch of proposed public offering.
- Varonis Systems Inc (NASDAQ:VRNS) tumbled 15.3% to $22.48 in pre-market trading after the company reported fourth-quarter financial results and issued FY26 adjusted EPS guidance below estimates.
- Nlight Inc (NASDAQ:LASR) fell 9% to $45.50 in pre-market trading after the company reported pricing of public offering of common stock.
- Advanced Micro Devices Inc (NASDAQ:AMD) declined 7.7% to $223.49 in pre-market trading after reporting quarterly results.
- Chipotle Mexican Grill Inc (NYSE:CMG) fell 6.1% to $36.80 in pre-market trading following fourth-quarter results.
- Novo Nordisk A/S (NYSE:NVO) dipped 5.1% to $47.72 in pre-market trading after the company posted fourth-quarter results. Novo Nordisk said it expects FY 2026 adjusted sales to decline by 5% to 13% at constant exchange rates.
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