Super Micro says cannot predict timing of annual filing

Super Micro says cannot predict timing of annual filing; shares down
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 Computer to Strengthen Governance, Oversight Amid Filings Dispute
Super Micro Computer said it would strengthen its internal governance and oversight functions after Ernst & Young resigned as its auditor, citing mistrust of management.The San Jose, Calif., server maker also continues to work on matters related to its filings with the Securities and Exchange Commission,
Super Micro says board found ‘no evidence of fraud,' still has no timetable for annual results
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 shares fall as server maker misses sales targets, annual filing uncertain
Super Micro Computer, whose auditor unexpectedly stepped down last week, flagged uncertainty on Tuesday 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 shares soared 246% last year after jumping 87% in 2023. The stock peaked at $118.81 in March, shortly after being added to the S&P 500. The company has since lost almost 80% of its value, wiping out over $55 billion in market cap.
Super Micro still can’t say when it will file annual report, and its stock drops
Super Micro says its special committee has so far found that its audit committee “acted independently and that there is no evidence of fraud or misconduct on the part of management” or the board.
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.
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