Earnings Outlook: Super Micro stock soars more than 20% as outlook hiked before earnings for second consecutive quarter

Super Micro Computer Inc. shares rallied in the extended session Wednesday after the server and data-storage company hiked its outlook for a second quarter in a row just before its earnings report.

Super Micro SMCI shares surged 22% after hours, following a 4.1% rise to close the regular session at $45.57.

The company said it expects adjusted…