Super Micro Computer Inc (SMCI)
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.
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.
