SMCI in uptrend with acceleration perspectiveSMCI Super Micro Computer Non-GAAP EPS of $3.26 beats by $0.23, revenue of $1.8B beats by $20M.
It confirms the good business run and momentum for its products, despite overall business decline in the sector.
It records a rising trend both in revenue and EPS and the valuation looks very attractive. PE 8.7x, Revenue up 59%, ROE 38% EBIT mrg 10% and the stock is above its 200ma and it seems that the demand for the stock is increasing.
