$Super Micro Computer(SMCI.US)Super Micro Computer reported its fiscal fourth-quarter results after the market closed on Tuesday. Revenue of $11.1 billion came in below the $11.55 billion analysts polled by LSEG were expecting. But the stock rose anyway, gaining about 20%. The reason is the outlook. For fiscal 2027, management guided revenue to a range of $65 billion to $72 billion. Analysts were modeling about $52.5 billion, according to LSEG. In other words, the artificial intelligence server maker just guided $16 billion above what Wall Street had penciled in, measured at the midpoint of the range. The quarter itself was hardly weak. Revenue rose 93% year over year, from $5.8 billion in the year-ago quarter, and was up from $10.2 billion in fiscal Q3.

The quarter's standout figure, however, was gross margin. Supermicro posted a 17.5% gross margin, up from 9.9% in fiscal Q3 and 9.5% in the year-ago period. That's above even the preliminary 15% to 17% range the company flagged in its July 21 business update. For context, management originally guided the quarter to a gross margin of just 8.2% to 8.4%. All in all, it has been nothing short of an impressive quarter for SMCI. @Captain's Treasure