Where Will Super Micro Computer Stock Be in 1 Year?
Can the hardware maker recover from this latest crisis?
Markets Up as Traders Come to Terms with Potential Election Results
Odds seem to be getting better that an election this close will not produce a clean-sweep in either party direction. The market hates uncertainty, but it loves political gridlock.
Why Super Micro Computer's Stock Is Plunging After Its Business Update Tuesday
Super Micro Computer (SMCI) shares plunged in extended trading Tuesday after the server maker said it "remains unable at this time to predict" when it will file its delayed annual report for 2024, exacerbating delisting worries.
Super Micro Computer to Strengthen Governance, Oversight Amid Filings Dispute
The server maker said it continues to work on matters related to its filings with the SEC, and now expects lower sales than it had previously guided for in its fiscal first quarter.
Super Micro shares down on earnings, says investigation finds 'no evidence of fraud or misconduct'
CNBC's Seema Mody joins 'Closing Bell: Overtime' to discuss Super Micro earnings.
Super Micro says board found 'no evidence of fraud,' still has no timetable for annual results
Super Micro, the embattled server maker, reported preliminary first-quarter results on Tuesday. The company is facing several challenges related to its corporate governance.
SMCI Cuts 1Q View, Announces Preliminary Numbers
SMCI says it is unsure when it will file its next earnings report as the company faces scrutiny over its accounting practices. George Tsilis and Oliver Renick examine Supermicro (SMCI) after the company provides guidance cuts instead of a 10-K filing.
Super Micro still can't say when it will file annual report, and its stock drops
Super Micro says its special committee has so far found that its audit committee “acted independently and that there is no evidence of fraud or misconduct on the part of management” or the board.
Super Micro shares tumble on lower Q2 guidance and below-estimate Q1 revenue
Super Micro Computer Inc (NASDAQ:SMCI) shares dropped afterhours after it guided earnings per share lower than estimates. The company said it expects Q2 revenue of $5.5 billion to $6.1 billion, below analyst estimates of $6.79 billion.
Super Micro says cannot predict timing of annual filing; shares down
Super Micro Computer said on Tuesday it cannot predict when it would file its annual report with the U.S. Securities and Exchange Commission and that the results of a special committee probe showed there was no evidence of fraud on the part of management or the board.
What Analysts Think of Super Micro Computer's Stock Ahead of Earnings
Super Micro Computer (SMCI) is set to report earnings after the bell as it looks to turn around the stock's recent slide and address concerns about its accounting practices.
SMCI Earnings Preview & Auditor Concerns
Brian Mulberry (@ZacksInvestmentNews) points to the questionable datakeeping practices plaguing Supermicro (SMCI) as a red flag ahead of earnings. "They need to get their house back in order in terms of accounting," he adds, but notes that the company was seeing tremendous growth, if the data is to be believed.
