Super Micro Computer Inc (SMCI) is trading 13% higher at $51.42 today.

The IT firm now expects Q4 results to exceed Wall Street estimates, citing increased customer wins. The company projects Q4 adj. EPS of $2.30-$2.40 vs. the consensus EPS estimate of $1.58. Previously they had guided $1.51-$1.69.

The company is expecting Q4 net sales of $1.58B-$1.63B vs. the analyst consensus estimate of $1.43B and prior guidance of $1.4B-$1.48B. 
SMCI reports Q4 and FY22 financial results on Aug. 9, after market close.

Super Micro Computer Inc has been trading between a 52-week high of $58.34 and a 52-week low of $34.11. The stock has a market cap of $2.67 Billion.

Supermicro, the leading innovator in high-performance, high-efficiency server technology is a premier provider of advanced server Building Block Solutions® for Enterprise Data Center, Cloud Computing, Artificial Intelligence, and Edge Computing Systems worldwide. Supermicro is committed to protecting the environment through its 'We Keep IT Green®' initiative and provides customers with the most energy-efficient, environmentally-friendly solutions available on the market.

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As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Maleficent_Ad_3070 - 1 upvotes - source
Calls on SMCI