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Story summary
- Super Micro Computer Inc. forecasts at least $12.3 billion in revenue for the quarter ending March 31, above $10.2 billion.
- The company raised its fiscal-year revenue forecast to at least $40 billion, up from $36 billion.
- Shares rose about 5% in after-hours trading.
- Margins remain under pressure with projected gross margin below 7% for the third quarter.
- Super Micro is working to improve its financial controls after previous accounting issues.
