A positive pre-announcement from Super Micro Computer could come as soon as late next week, according to analysts led by Aaron Rakers.
Super Micro Computer could issue a positive announcement ahead of its early August earnings for its fiscal fourth quarter, potentially giving investors good news to look forward to afte r the server company's third-quarter revenue miss , Wells Fargo believes. Super Micro has, on average, either preannounced or published its earnings release date on the 19th day after the close of its quarterly results, with the range of between 18 to 24 days, according to analysts led by Aaron Rakers.
This year, Super Micro has more than tripled, climbing 215%, as analysts have touted the company as a back door play on artificial intelligence. Super Micro makes artificial intelligence systems and graphics processing unit servers, and its decades-old partnership with AI specialist Nvidia allows it to provide servers that are based on Nvidia's GPU systems.
Investment Strategy Stock Markets Super Micro Computer Inc NVIDIA Corp Breaking News: Markets Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wells Fargo fires more than a dozen employees for faking work: reportMore than a dozen Wells Fargo employees found themselves out of a job last month after the bank investigated allegations of 'simulation of keyboard activity.'
Read more »
Solid Q1 highlights attractiveness of this high-quality stock, Wells Fargo saysSolid Q1 highlights attractiveness of this high-quality stock, Wells Fargo says
Read more »
Wells Fargo fires over a dozen for ‘simulation of keyboard activity’Wells Fargo & Co. fired more than a dozen employees last month after investigating claims that they were faking work.
Read more »
Wells Fargo fires workers after allegedly catching them simulating keyboard activityWells Fargo fired over a dozen employees in May after investigating allegations that their keyboard activity was fake.
Read more »
Wells Fargo workers using ‘mouse movers’ are getting caught and firedWells Fargo has reportedly fired more than a dozen employees after an investigation found they were using tools to simulate productivity.
Read more »
Wells Fargo fires a dozen employees accused of 'simulation of keyboard activity'Wells Fargo this week disclosed that it had fired more than a dozen employees for 'simulation of keyboard activity.'
Read more »