Super Micro says cannot predict timing of annual filing; shares down
Super Micro Computer , whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of its annual report but said a probe about accounting practices had not found evidence of fraud by the company.
Super Micro says board found ‘no evidence of fraud,' still has no timetable for annual results
Super Micro said its board of directors found there was no evidence of fraud or misconduct from management after its auditor resigned last week. Super Micro, the embattled server maker that's late in releasing annual financials and at risk of being delisted by the Nasdaq, reported unaudited first-quarter results on Tuesday.
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Super Micro shares soared 246% last year after jumping 87% in 2023. The stock peaked at $118.81 in March, shortly after being added to the S&P 500. The company has since lost almost 80% of its value, wiping out over $55 billion in market cap.
Super Micro’s Sales Update Falls Short. Stock Drops.
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Super Micro just reported preliminary Q1 results. Here's why the stock is tanking.Super Micro Computer (SMCI) shares were active in late trading on Tuesday after the embattled artificial intelligence server ...
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in ...
Annabelle Chih / Bloomberg / Getty Images Super Micro Computer reports earnings after the bell Tuesday, with its stock ...
Analysts at Mizuho fear that the lack of an auditor (and possible challenges in getting a new one) could lead to a delisting ...
Super Micro Computer faces challenges with audit resignation, liquidity drain, and potential delisting from Nasdaq.
Super Micro Computer ( (SMCI) ) has shared an update. Super Micro Computer, Inc. has announced its preliminary financial results for the first ...
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Dell might not see immediate financial benefits, but an analyst thinks customers are paying attention to Super Micro’s ...
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