Super Micro Computer (SMCI) Gains in After-Hours Trading on Earnings Beat

NEW YORK (TheStreet) -- Shares of Super Micro Computer (SMCI - Get Report) were gaining 1.2% to $38.20 after-hours Tuesday after the server maker beat analysts' estimates for earnings and revenue in the fiscal second quarter.

Supermicro reported earnings of 65 cents a share for the second quarter, above analysts' estimates of 47 cents a share. Revenue increased 41.1% year over year to $503 million in the quarter, while analysts' expected revenue of $467.86 million.

Looking to the third quarter Supermicro expects earnings of 46 cents a share to 52 cents and revenue of $450 million to $500 million. Analysts expect earnings of 43 cents a share and revenue of $457.77 million for the quarter.

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Super Micro Computer (SMCI) Gains in After-Hours Trading on Earnings Beat

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