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Super Micro says cannot predict timing of annual filing
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Super Micro shares soared 246% last year after jumping 87% in 2023. The stock peaked at $118.81 in March, shortly after being added to the S&P 500. The company has since lost almost 80% of its value, wiping out over $55 billion in market cap.
Super Micro shares fall as server maker misses sales targets, annual filing uncertain
Super Micro Computer , whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of its annual report but said a probe about accounting practices had not found evidence of fraud by the company.
Super Micro Computer Q1: Timing Of 10-K Filing Remains Uncertain
Super Micro Computer is undervalued with strong growth potential despite its near-term challenges. Click here to read an analysis of SMCI stock now.
1d
on MSN
Super Micro Slides on Weak Outlook as Delisting Risk Looms
Super Micro Computer Inc. plunged in early trading after issuing a disappointing sales forecast and failing to give a ...
17h
Super Micro Computer’s (NASDAQ:SMCI) Fair Valuation Comes with High Risks
I currently hold a neutral stance on Super Micro Computer (SMCI), a supplier of data center servers and storage solutions.
12h
on MSN
How Hudson Labs uncovered red flags at Super Micro years before its auditor stepped down
Kris Bennatti, Hudson Labs CEO and co-founder, joins 'Fast Money' to talk its red flags it saw in Super Micro years ago.
1d
on MSN
Super Micro Is Coming Up Too Short
Disappointing server sales are blamed on the delay of new Nvidia chip, but management’s credibility has dimmed.
15h
Super Micro Bosses Face New Investor Suit Over Accounting Woes
Super Micro Computer Inc. leaders misled investors with positive statements about the server maker’s financial performance ...
1d
Super Micro Computer: I'm Doubling Down On This Panic
Despite
Super
Micro
Computer's heavy dip, in my opinion, the current negative market sentiment seems exaggerated, as most ...
1d
Super Micro shares plummet 22% after financial update heightens investor concerns
Super Micro’s stock fell to its lowest since mid-2023 on Wednesday after the company issued unaudited quarterly results that ...
2d
on MSN
Where Will Super Micro Computer Stock Be in 1 Year?
Analysts at Mizuho fear that the lack of an auditor (and possible challenges in getting a new one) could lead to a delisting ...
23h
Super Micro Computer: Let's Do A Scenario Analysis
Super Micro Computer is expected to submit a plan to Nasdaq by November 16th to avoid delisting. Read more to see why I ...
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