Super Micro shares plummet 22% after financial update heightens investor concerns [MSNBC.com]
Super Micro Computer, Inc. (SMCI)
Last super micro computer, inc. earnings: 8/3 04:05 pm
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US:NASDAQ Investor Relations:
ir.supermicro.com/investor-relations
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Source: MSNBC.com
In this articleCharles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.Annabelle Chih | Bloomberg | Getty Imagesdisappointing unaudited financialsThe stock dropped to $21.55 as of early afternoon and is now down 82% from its high in March, a selloff that's wiped out about $57 billion of market cap.Super Micro had its worst week on the market on record last week after the resignation of its auditor, Ernst & Young, the second accounting firm to bow out in under two years. The company facesaccusationsSuper Micro hasn't filed audited financials since May and is at risk of being delisted by Nasdaq if it doesn't report results for the latest fiscal year to the SEC by mid-November. The company said late Tuesday, in reporting preliminary resultsOn a call with analysts, the company said it wouldn't discuss any questions related to Ernst & Young's decision to resign and
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SMCI
Earnings
- 8/6/24 - Miss
SMCI
Sec Filings
- 11/13/24 - Form NT
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- SMCI's page on the SEC website