Super Micro Computer (SMCI 12.23%) has been through a difficult few months that started with questions about its financial reporting and peaked with a potential Nasdaq delisting. This resulted in the stock plummeting more than 67% from September through mid-November.
Super Micro Computer, Inc. has finally filed its long overdue FY24 10K and F1H25 10Qs at the 11th hour on February 25 to dodge Nasdaq delisting risks and ensuing liquidity implications. This is welcomed news, as evidenced in the stock's post-filing upsurge, as it lifts a key risk overhang that's been limiting visibility of SMCI's fundamental outlook and valuation prospects. Yet the adverse opinion extended by BDO on SMCI's ICFR audit suggests the underlying accounting woes that started its monthslong debacle is far from over.
Super Micro: Inflection May Be On The Cards (Rating Upgrade)
As investors have followed the development of artificial intelligence and the companies making this technology possible, Super Micro Computer Inc. NASDAQ: SMCI emerged as one of the hottest trending stocks of early 2025. The company has faced significant challenges in recent months, including a broad decline in share price throughout most of 2024, allegations of accounting fraud, and the threat of being delisted due to financial reporting issues.
Shares of Super Micro Computer (SMCI 19.58%) are soaring on Wednesday. The company's stock gained 19.2% by 10:45 a.m.
An end to Super Micro's delisting drama is welcome news for “fast money” and quantitative investors. But one analyst says institutional investors are still avoiding the stock.
Super Micro Computer Inc (NASDAQ:SMCI) shares surged 21% to $55 after the server maker filed much delayed annual and September-quarter accounts. The annual report for the fiscal year to June 2024 as well as quarterly earnings for the past two quarters were filed last night.
Super Micro Computer (SMCI 19.26%) filed its missing 10-K and 10-Q Tuesday after the market closed, avoiding a delisting. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Supermicro (SMCI) considers its delayed financial reports matter "closed" and investors are rewarding the company's compliance with a pre-market earnings spike higher. Jenny Horne and Oliver Renick look at the volatility ahead of its 10-K filing deadline and discuss SMCI's outlook from here.
Super Micro Computer shares rallied 20% after the AI server company filed its delayed financial results by the Nasdaq's deadline. Auditor BDO wrote in the filing that the consolidated financial statements for the 2024 fiscal year "present fairly, in all material respects, the financial position of the Company"
Super Micro Computer NASDAQ: SMCI is a prominent player in the high-performance computing solutions sector and the company is experiencing a significant surge in its stock value. On February 25, 2025, Super Micro Computer filed its overdue annual report for the fiscal year 2024 (FY2024) and quarterly reports for the first and second quarters of the fiscal year 2025 (FY2025).
Supermicro (SMCI) shares pop after its delayed financial filings. The company is now compliant with Nasdaq requirements, and Kevin Green dives into SMCI's future.