Super Micro Computer Stock Jumps 9% As Session Comes To An End On Thursday, Outperforms Market

(VIANEWS) – Shares of Super Micro Computer (NASDAQ: SMCI) jumped 9.08% to $94.58 at 15:29 EST on Thursday, after three sequential sessions in a row of losses. NASDAQ is rising 0.76% to $11,594.17, following the last session’s upward trend. This seems, so far, a somewhat positive trend trading session today.

Super Micro Computer’s last close was $86.71, 11.48% under its 52-week high of $97.96.

About Super Micro Computer

Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Its solutions range from complete server, storage, modular blade servers, blades, workstations, full racks, networking devices, server management software, and server sub-systems, as well as security software. The company also provides application-optimized server solutions, including rackmount and blade servers, storage systems, and subsystems and accessories; and server software management solutions, such as Server Management Suite, including Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, SuperCloud Composer, and SuperDoctor 5. In addition, it offers server subsystems and accessories comprising server boards, chassis, power supplies, and other accessories. Further, the company provides server and storage system integration, configuration, and software upgrade and update services; and technical documentation services, as well as identifies service requirements, creates and executes project plans, and conducts verification testing and training services. Additionally, it offers help desk and on-site product support services for its server and storage systems; and customer support services, including ongoing maintenance and technical support for its products. The company provides its products to enterprise data centers, cloud computing, artificial intelligence, and 5G and edge computing markets. It sells its products through direct and indirect sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. The company primarily operates in the United States, Europe, Asia, and internationally. Super Micro Computer, Inc. was incorporated in 1993 and is headquartered in San Jose, California.

Earnings Per Share

As for profitability, Super Micro Computer has a trailing twelve months EPS of $1.64.

PE Ratio

Super Micro Computer has a trailing twelve months price to earnings ratio of 57.78. Meaning, the purchaser of the share is investing $57.78 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 38.49%.

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