CEO Charles Liang said he is "confident" that the company will file its delayed annual report by the U.S. Securities and Exchange Commission's Feb. 25 deadline. The company also said it expects to hit $40 billion in revenue in fiscal 2026.
Super Micro Computer (SMCI) reported preliminary second-quarter results below prior estimates and said it expects to submit its delayed regulatory filings ahead of a Feb. 25 deadline to avoid delisting.
CNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' to talk SUper Micro Computer cutting its full year guidance.
Breaking news hits the earnings panel as Supermicro (SMCI) reports its preliminary earnings ahead of its planned business update. Oliver Renick, Caroline Woods and Kevin Green talk about the highly-anticipated numbers following the release of the report.
Nvidia and AMD benefit from AI chip demand, with Nvidia's Blackwell chips driving growth for Super Micro Computer, despite Super Micro Computer, Inc.'s management trust issues. SMCI stock is undervalued with a forward P/E of 15 and expected YOY earnings growth of 120%, presenting a potential investment opportunity. YieldMax SMCI Option Income Strategy ETF offers high-yield income through covered calls on SMCI, with a forward yield of 77.6%.
Super Micro Computer said on Tuesday it believes it will be able to file its delayed annual report with the U.S. Securities and Exchange Commission by February 25, after failing to submit the 10-K report by the August deadline.
Sales for Supermicro (SMCI) show strength. It's recent financial reports, or lack thereof, do not.
Investors will be focused on margins given competitive pressures in the market for AI servers. They'll also be looking for an update on the company's delayed financial filings.
Kevin Hincks keeps tech top of mind on today's Daily Trader as Supermicro (SMCI) readies for its business update at the close. He also turns to an example options trade in Microsoft (MSFT), which slipped 10% since hitting its all-time high last July.
Supermicro's (SMCI) long-awaited business update takes center stage after the closing bell. Caroline Woods points to an analyst upgrading the stock ahead of that meeting, but even they tell investors to "proceed with caution.
Super Micro Computer Inc (NASDAQ: SMCI) has had a turbulent few months but it's been rallying rather sharply into its earnings release scheduled for February 11 after the bell.
Matt Tuttle wants to hear more from Supermicro (SMCI) ahead of its business update this afternoon. On its delayed filings, he says "What's going on there?