Super Micro Computer Inc (SMCI)
Supermicro stock crashes — Is Nvidia safe from the fallout?
The downfall of Super Micro Computer (NASDAQ: SMCI) continues to stir market uncertainties. After a series of serious allegations, investors have abandoned ship in droves — but that is not the primary concern on the minds of investors.
Super Micro stock plunges 17% on weak guidance, delayed results
Super Micro, a major player in the server manufacturing sector, reported unaudited quarterly financials on Tuesday, missing revenue expectations and issuing a weaker-than-anticipated forecast. Super Micro is at risk of being delisted from the Nasdaq stock exchange if it does not file its annual report by mid-November.
Super Micro Computer: Disappointing Outlook But Upgrading On Improved Cash Flow Performance
After the close of Tuesday's session, beleaguered high-performance server and storage solutions provider Super Micro Computer or "Super Micro" provided an eagerly awaited business update. Preliminary Q1/FY2025 results came in mixed, as weaker than expected, sales were offset by improved margins and decent cash generation. The company also provided disappointing second quarter guidance, with sales and earnings per share expected to come in way below consensus expectations.
Super Micro Computer Price Levels to Watch as Stock Plunges After Business Update
Shares in Super Micro Computer (SMCI) tumbled in extended trading Tuesday after the troubled server maker provided preliminary fiscal first-quarter results that came in below Wall Street expectations and said it's unable to predict when it will file its delayed 2024 annual report.
Super Micro still offers no clear answers to investors
Super Micro Computer Inc. did not offer investors any clear answers to questions in an investor call about its accounting woes Tuesday, leaving intact the dark cloud hanging over the company and its embattled shares.
Super Micro Computer, Inc. (SMCI) Q1 2025 Earnings Call Transcript
Start Time: 17:00 January 1, 0000 5:54 PM ET Super Micro Computer, Inc. (NASDAQ:SMCI ) Q1 2025 Earnings Call November 05, 2024, 17:00 PM ET Company Participants Charles Liang - Founder, President, CEO and Chairman David Weigand - SVP and CFO Michael Staiger - VP, IR and Corporate Development Conference Call Participants Michael Ng - Goldman Sachs Samik Chatterjee - JPMorgan Aaron Rakers - Wells Fargo Ananda Baruah - Loop Capital George Wang - Barclays Nehal Chokshi - Northland Vijay Rakesh - Mizuho Jon Tanwanteng - CJS Securities Mehdi Hosseini - SIG Quinn Bolton - Needham & Company Operator Thank you for standing by. My name is Telia, and I will be your conference operator today.
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.
