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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 maker reported fiscal first-quarter results. Read for more.
Why Super Micro Computer 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 Gives a Business Update Today. What the Troubled AI Server Maker Needs to Do.
Super Micro Computer is in turmoil. Recent developments have put a cloud of uncertainty over the AI server maker’s accounting practices, which puts additional scrutiny on the company’s business update scheduled for after the market close on Tuesday.
Super Micro Computer Hopes To Calm Investors With Fiscal Q1 Update
Super Micro Computer late Tuesday will provide a "business update" on its fiscal first quarter, which ended in September, as it deals with accounting concerns.
Can Super Micro Computer's Q1 update save this sinking ship
Super Micro Computer (NASDAQ:SMCI) is expected to report its first quarter business update for the fiscal year 2025 on November 5, Tuesday, as the company faces uphill battles, the latest being the unexpected resignation of its auditing firm.
6h
on MSN
Super Micro Computer could be delisted from the Nasdaq this month amid a steep plunge following auditor's resignation
This isn't the first time Super Micro Computer investors faced delisting risks. In 2018, trading in the stock was suspended ...
1h
on MSN
Super Micro’s Sales Update Falls Short. The Stock Drops.
Super Micro provided a worse-than-expected business update for its revenue Tuesday afternoon. The stock is falling in ...
34m
on MSN
Super Micro Gives Tepid Sales Forecast, No Filing Schedule
Super Micro Computer Inc. gave a sales forecast that fell short of analysts’ estimates while saying it couldn’t predict when ...
2h
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 ...
1h
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 ...
2h
on MSN
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 ...
3h
on MSN
Super Micro Computer, Inc. (SMCI) Gains Bullish Outlook as Needham Highlights Leadership in Liquid-Cooled Data Center Solutions
We recently compiled a list of the 35 AI News and Ratings You Should Not Miss. In this article, we are going to take a look ...
10h
Super Micro may have to dump NVIDIA Blackwell to survive – analyst
Super Micro Computer Inc (NASDAQ:SMCI) has been under intense pressure over the last few months related to a short seller report, delayed financial filings, the risk of delisting, and last week’s ...
16m
on MSN
Super Micro shares fall as server maker misses sales targets, annual filing uncertain
Super Micro Computer, whose auditor unexpectedly stepped down last week, flagged uncertainty on Tuesday about the timing of ...
Hosted on MSN
2d
Super Micro's accounting concerns could be bad for the stock, just ask MicroStrategy
Shares of
Super
Micro
Computer (
NASDAQ
:SMCI) two days ago turned negative for the year, a development that would have ...
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