Supermicro (NASDAQ:SMCI) made a remarkable comeback in after-hours trading on Tuesday, soaring 17% after filing delayed financial reports. This spike follows an earlier steep decline of 11.8% during the regular trading session.

Financial Filings Restore Nasdaq Compliance

Supermicro has officially submitted important documentation including:

• 10-K for fiscal year ending June 30, 2024
• 10-Q for Q1 FY 2025 (ended September 30, 2024)
• 10-Q for Q2 FY 2025 (ended December 31, 2024)

This restoration addresses Supermicro’s compliance with Nasdaq listing requirements.

Outlook: Growth Projections Are Optimistic

Supermicro’s shares gained momentum due to bullish projections targeting $40 billion in revenue for FY 2026, indicating exceptional growth potential fueled by the NVIDIA Blackwell server ramp.