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.
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 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.
SMCI stock price continues to drop: What is happening with Super Micro and EY?
Investors in server maker Super Micro continue to flee after news this week that Ernst & Young has resigned as its auditor.
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 that missed expectations and said it’s unable to predict when it will file its delayed annual report.
Super Micro Computer Stock Sinks On Preliminary Q1 Results, Q2 Guidance, Business Update
Super Micro Computer provides a business update for the first quarter and reported preliminary results after the market close on Tuesday.
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 that showed it had adjusted earnings per share range of 75 cents to 76 cents,
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.
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,
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.
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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Super Micro Computer: Disappointing Outlook But Upgrading On Improved Cash Flow Performance
I have covered Super Micro Computer, Inc. (NASDAQ:SMCI) previously, so investors should view this as an update to my ...
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.
Super Micro stock slides over 10% on weaker-than-expected outlook, uncertainty over annual filing
Super Micros shares slid on Tuesday as the company's latest earnings results fell short of Wall Street's expectations. The ...
Super Micro Computer: Navigating Auditor Resignation And Potential Delisting
Something I really don’t like is that Super Micro Computer is giving a business update next week ... What really ...
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 shares down on earnings, says investigation finds 'no evidence of fraud or misconduct'
Quincy Jones dies at 91 CNBC's Seema Mody joins 'Closing Bell: Overtime' to discuss Super Micro earnings. Quincy Jones, a ...