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Super Micro Computer, Inc. (SMCI) 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.
Shares have formed a bullish "flag" following it's latest quarterly report. On January 31st, SMCI reported 2nd Quarter December 2022 earnings of $3.24 per share on revenue of $1.8 billion. The consensus earnings estimate was $3.10 per share on revenue of $1.7 billion. Revenue grew 53.8% on a year-over-year basis.
Guided Higher: The company also said it continues to expect fiscal 2023 non-GAAP earnings of $9.00 to $11.30 per share on revenue of $6.50 billion to $7.50 billion. The previous consensus earnings estimate was $10.17 per share on revenue of $6.88 billion for the year ending June 30, 2023.
