Super Micro Computer (SMCI) Above-Outlook Numbers; ManTech (MANT) Inks DoD Deal


Shares of Super Micro Computer, Inc. (Nasdaq:SMCI) soared more than 32% to touch the $28.45 mark in early trading Tuesday after the company said that it anticipates to deliver second quarter fiscal 2016 net sales in the range of $637 million to $639 million, surpassing its previously reported guidance range of $580 million to $630 million and also exceeding the Capital IQ Consensus Estimate of $600.10 million in revenues for the period

Super Micro Computer also raised its non-GAAP net income guidance for the second quarter fiscal 2016 to the range of $0.69 to $0.72 per diluted share from its previously reported guidance range of $0.54 to $0.64, topping the Capital IQ Consensus Estimate of $0.59 earnings per share for the period

SMCI stock is currently exchanging hands for about $26.68, up $5.16 (or +23.97%), and 2,299,397 shares of the company were traded so far, increased activity versus its average volume (3m) of 532,683

Super Micro Computer, a global leader in high-performance, high-efficiency server, storage technology and green computing, has 47.52M Shares Outstanding and SMCI stock 52-week range is between $21.25 and $42.00 per share



ManTech International Corp. (Nasdaq:MANT) announced on Tuesday a multi-year deal with projected value of over $200 million to support modernization of critical missions worldwide for the U.S Department of Defense

MANT stock is trading at $28.39, down $0.04 (or -0.14%), and 26,463 of its shares exchanged hands so far

ManTech International, which provides technologies and solutions for mission-critical national security programs, has 24.36M Shares Outstanding and MANT stock one-year range is from $24.90 to $35.23 per share


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