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Super Micro says review found ‘no evidence’ of fraud
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 its annual report but said a probe about accounting practices had not found evidence of fraud by the company.
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
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 says review found ‘no evidence’ of fraud after auditor resigned
Server maker’s shares fall further after release of lacklustre preliminary results
Super Micro’s Sales Update Falls Short. Stock Drops.
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 it would file official financial statements for its previous fiscal year. The shares dropped about 14% in extended trading.
Super Micro's business-update call could be pivotal for popular short-selling play
Super Micro Computer is due to hold a business-update call after Tuesday's closing bell on the heels of heavy selling pressure for its stock. Shares are down nearly 50% since Super Micro's announcement last Wednesday that its auditor has resigned.
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,
1h
Super Micro stock plunges 17% on weak guidance, delayed results
Super Micro shares fell 17% after missing revenue estimates, heightening Nasdaq delisting risks amid ongoing audit issues.
Seeking Alpha on MSN
10h
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 ...
33m
Where Will Super Micro Computer Stock Be in 1 Year?
With shares down by 70% over the last six months, Super Micro Computer (NASDAQ: SMCI) is in a tailspin. While revenue and ...
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 ...
15h
on MSN
What Analysts Think of Super Micro Computer's Stock Ahead of Earnings
Annabelle Chih / Bloomberg / Getty Images
Super
Micro
Computer reports earnings after the bell Tuesday, with its stock ...
7h
Super Micro Computer Announces Q1 2025 Financial Results
Super Micro Computer ( (SMCI) ) has shared an update. Super Micro Computer, Inc. has announced its preliminary financial results for the first ...
1d
on MSN
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 ...
9h
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 ...
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