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Super Micro still can’t say when it will file annual report, and its stock drops
Super Micro Computer Inc. expects to post sales shy of investors’ expectations and is still unsure when it will file its latest annual report, according to a Tuesday statement. The server maker has been under a cloud in recent months due to scrutiny over its accounting,
Where Will Super Micro Computer Stock Be in 1 Year?
Analysts at Mizuho fear that the lack of an auditor (and possible challenges in getting a new one) could lead to a delisting from the Nasdaq exchange. This could dramatically reduce Supermicro's liquidity by forcing it to trade over the counter, a designation that could make shares harder to access, likely hurting the company's valuation.
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.
Super Micro Computer Posts Q1 Earnings: Are Delisting Fears Here To Stay Or Can The Stock Rebound?
Super Micro Computer is gearing up for Q1 earnings, with expectations set at 75 cents EPS and $6.45 billion revenue.
Why Super Micro Computer Stock Was Falling Again Today
Shares of Super Micro Computer ( SMCI -10.51%), best known for making artificial intelligence (AI) servers, were sliding for the third straight day today as the fallout from its auditor's resignation continued. The stock closed down 10.5% and is now down 47% over the last three days since it reported the news.
Here’s what Super Micro’s struggles may mean for Nvidia and Dell
Dell might not see immediate financial benefits, but an analyst thinks customers are paying attention to Super Micro’s auditor exit, which could start helping Dell next year.
Super Micro Computer will report earnings today. Here's what to expect
Super Micro Computer (SMCI) will report quarterly earnings on Tuesday after market close, following a series of recent challenges. Most recently, the AI hardware company’s auditor, Ernst & Young, resigned over disagreements about Super Micro’s governance practices and board independence.
What Analysts Think of Super Micro Computer's Stock Ahead of Earnings
Key Takeaways Super Micro Computer reports earnings after the bell Tuesday, with its stock nearly 80% below its highest point in March.The few analysts covering the stock mostly have a cautious view of its outlook,
Better Artificial Intelligence Stock: Palantir vs. Super Micro Computer
I t seems like any stock related to artificial intelligence (AI) has soared recently. There are no two better examples than Super Micro Computer (NASDAQ: SMCI) and Palantir (NYSE:
Super Micro Faces ‘Uphill Battle’ to Remain Listed, Analyst Says
Super Micro has until Nov. 16 to file or to submit a plan to the Nasdaq to regain compliance with listing rules.
31m
Super Micro Computer Price Levels to Watch as Stock Plunges After Business Update
Super Micro Computer shares slid in extended trading Tuesday after the troubled server maker provided preliminary results ...
5h
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 ...
6h
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 ...
5h
on MSN
Why Super Micro Computer Stock Is Plunging After Its Business Update Tuesday
Super
Micro
Computer shares plunged in extended trading Tuesday after the company said it's unable to predict when it ...
5d
on MSN
Super Micro's $50 billion stock collapse underscores risk of AI hype
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 ...
4d
Super Micro Computer Stock Crashes, Wall Street Concerns Grow
Super Micro's stock plunges after Ernst & Young resigns as auditor, raising concerns about the company's financial stability.
Yahoo Finance
10h
Why Super Micro Computer's Stock Is Plunging After Its Business Update Tuesday
Super
Micro
Computer said it expects earnings per share (EPS) of 68 cents to 70 cents, compared to 27 cents a year ...
11h
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 ...
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