Why Super Micro Computer's Stock Is Plunging After Its Business Update Tuesday [Yahoo! Finance]
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: Yahoo! Finance
The server maker also reported preliminary revenue figures for the fiscal first quarter that missed analysts' projections. Tuesday's update comes after shares tumbled last week in the wake of EY's resignation as the company's auditor, and follows months of speculation about the company's accounting practices. 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. The company previously disclosed it received a letter from the Nasdaq on Sept. 17 warning it is not in compliance with the exchange's rules, which require "timely filing" of reports. The company was given 60 days to file or submit a plan, which would be until Nov. 16. Shares of Super Micro Computer plummeted over 15% in extended trading Tuesday following the news. Super Micro Computer also reported preliminary revenue figures for the fiscal f
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SMCI
News
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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