The Zhitong Finance App learned that on Wednesday, ultra-micro computers (SMCI.US) surged more than 18% to $30.24. According to the news, preliminary results released by Ultramicrocomputer show that the gross margin for the fiscal quarter ending June 30 is expected to be between 15% and 17%, far exceeding the 8.2%-8.4% guideline previously given, mainly due to favorable changes in the customer structure and product portfolio.

The company also disclosed that revenue for the fourth fiscal quarter will fall at the lower end of the previously given guidance range of 11 billion to 12.5 billion US dollars (the median value of the range is 11.75 billion US dollars), and the market generally expects 11.68 billion US dollars. The backlog of orders reached a record high as new orders for the quarter surpassed $60 billion.

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