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Super Micro Slides on Weak Outlook as Delisting Risk Looms
Super Micro Computer Inc. plunged in early trading after issuing a disappointing sales forecast and failing to give a timeline for filing its previous fiscal year’s official financial statements.
Super Micro Stock Tumbles After Business Update. There Was No Full-Year Outlook.
On Tuesday, Super Micro said its independent “Special Committee” formed by the board of directors and led by independent counsel found “no evidence of fraud or misconduct on
Super Micro Shares Fall 17% as Annual Results Delay Remains Unresolved
Super Micro, a major player in the server industry facing scrutiny, has experienced a 17% decline in share value during extended trading. This sharp drop followed the company’s release of unaudited quarterly results,
Super Micro stock sinks on weaker-than-expected outlook, uncertainty over annual filing
Super Micro stock slid 10% as the company's latest outlook fell short of Wall Street's expectations. The company also said it couldn't predict a timeline for filing its 10-K.
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 after-hours trading. The AI server company gave an update for its fiscal first-quarter with adjusted earnings per share range of 75 cents to 76 cents,
3h
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 ...
2d
Super Micro shares fall as server maker misses sales targets, annual filing uncertain
Super Micro Computer , whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of ...
20h
Super Micro Computer’s (NASDAQ:SMCI) Fair Valuation Comes with High Risks
I currently hold a neutral stance on Super Micro Computer (SMCI), a supplier of data center servers and storage solutions.
15h
on MSN
How Hudson Labs uncovered red flags at Super Micro years before its auditor stepped down
Kris Bennatti, Hudson Labs CEO and co-founder, joins 'Fast Money' to talk its red flags it saw in Super Micro years ago.
2d
Super Micro slumps as weak forecast, annual report uncertainty fuel investor angst
Shares of Super Micro Computer tumbled more than 20% in premarket trading on Wednesday as an unclear timeline for its annual ...
19h
Super Micro Bosses Face New Investor Suit Over Accounting Woes
Super Micro Computer Inc. leaders misled investors with positive statements about the server maker’s financial performance ...
1d
on MSN
Super Micro Is Coming Up Too Short
Disappointing server sales are blamed on the delay of new Nvidia chip, but management’s credibility has dimmed.
bovnews
2h
Super Micro Computer Inc (SMCI) Stock Sees Market Value Hit $14.92 billion: What Are the Implications?
On Thursday,
Super
Micro
Computer Inc (SMCI) stock saw a modest uptick, ending the day at $25.48 which represents a slight increase of $2.78 or 12.25% from the prior close of $22.7. The stock ...
16h
Super Micro Computer Q1: Timing Of 10-K Filing Remains Uncertain
Super Micro Computer is undervalued with strong growth potential despite its near-term challenges. Click here to read an ...
1d
Super Micro shares plummet 18% after financial update heightens investor concerns
Super Micro’s stock fell to its lowest since mid-2023 on Wednesday after the company issued unaudited quarterly results that ...
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