Super Micro Computer led after-hours gains, rallying more than 8 percent after beating fourth-quarter estimates and issuing strong first-quarter guidance. The data center infrastructure provider projects adjusted earnings for Q1 between $1.01 and $1.10 per share, well above the LSEG consensus estimate of 76 cents.
The company's Q1 revenue guidance of $14.5 billion to $15.5 billion also topped the $11.68 billion analysts expected, signaling strong demand for its server and storage solutions.
CoreWeave shares gained 14 percent after the AI cloud company reported second-quarter results that beat on both revenue and margins. Adjusted operating income margin came in at 5 percent, above the StreetAccount consensus estimate of 2.7 percent.
Q2 revenue reached $2.58 billion, up 112 percent from a year earlier and ahead of the $2.56 billion LSEG consensus. CoreWeave reported a revenue backlog of approximately $104 billion as of June 30, providing clear visibility into future earnings and demonstrating client commitments for its cloud services. The company's market value stands at $48.1 billion, with shares trading at $101.20 after hours.
H&R Block shares surged 15 percent on an upbeat fiscal year 2027 forecast. The tax preparation company anticipates adjusted earnings of $6.04 to $6.24 per share, above the LSEG consensus estimate of $5.86. It also projects FY27 revenue of $4.11 billion to $4.16 billion, topping the $4.05 billion analysts expected. The company reported a fourth-quarter double beat and announced a 10 percent dividend increase.
Lumentum Holdings, a maker of optical and photonic products, closed marginally lower despite beating fourth-quarter adjusted earnings and revenue estimates. The stock has fallen more than 22 percent over the past three months, even as it holds a 120 percent gain year-to-date.
Cava Group shares jumped nearly 7 percent after the Mediterranean fast-casual chain reported second-quarter earnings of 19 cents per share, a penny above the LSEG consensus estimate. Revenue of $368.4 million exceeded the $361 million analysts anticipated.
