SMCI had what I would call a very mixed earnings report. Revenue was in line with expectations but eps was a huge miss, in fact the biggest miss on earnings for the company, falling short on earnings by about 23%. But in sharp contrast to the miss was an increase to full year guidance, which is usually a bigger driver for stock price than the quarters performance (forward looking vs backward looking). Also announced was a 10:1 stock split. The stock initially rose in after hours trading before reversing course and falling. I took up a position in smci earlier this year and have added during dips. Seems like a really interesting company to watch
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