- IT solutions provider Super Micro Computer, Inc. (NASDAQ:SMCI) shares are soaring in after-hours trading after the company provided preliminary financial information for Q4 results.
- SMCI, reflecting on the customer design wins ramping, and its total IT solution value raised the guidance for Q4.
- Super Micro Computer expects net sales of $1.58 billion to $1.63 billion (prior guidance of $1.4 billion to $1.48 billion) vs. a consensus of $1.43 billion.
- It sees GAAP EPS of $2.20 to $2.30 (prior $1.45 to $1.64) and Non-GAAP EPS of $2.30 to $2.40 (prior $1.51 to $1.69) vs. a consensus of $1.57.
- Price Action: SMCI shares are trading higher by 21.57% at $55.40 during the post-market session on Wednesday.
Study Unveils Rare Cannabinoid As Promising Hope For Alzheimer’s, Parkinson’s & Huntington’s Treatment
The study focused on the potential of rare cannabinoids in the treatment of neurodegenerative diseases like Alzheimer's.
According to the researchers behind the study, this breakthrough research opens new avenues for addressing the unmet medical needs of patients with conditions like Alzheimer's, Parkinson's, and Huntington's diseases.
