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 ...
Shares of Super Micro Computer tumbled more than 20% in premarket trading on Wednesday as an unclear timeline for its annual ...
Then, it slowly declined after investors took profits, and Supermicro (as the company is often called) reported a bad earnings report. To make matters worse, Hindenburg Research, a famed short ...
Supermicro has a history of accounting malpractice allegations, having settled with the SEC in 2020 for $17.5 million. The activist short-seller Hindenburg Research has recently targeted ...
Super Micro Computer's auditor resigned. This comes on top of previous bad news. Delayed filing of the 10-K, NASDAQ threat to ...
Supermicro's accounting first came into question in the public sphere back in August when short-seller Hindenburg Research accused the company of accounting manipulation, as well as evading ...
Super Micro Computer Inc.’s challenges are building with the resignation of the server maker’s accounting firm. The company disclosed Ernst & Young’s resignation in a Wednesday morning ...
Hindenburg Research published a short reported Supermicro was being investigated by the Justice Department following the short report by Hindenburg Research. A prosecutor at the U.S. attorney’s ...
That news came after the company filed to delay its 10-K report and suffered a short-seller attack from Hindenberg Research. Supermicro, as the company is also known, said it doesn't anticipate ...
But in recent times, Supermicro has stumbled. A short report in August alleged troubles at the company, and at the same time but in an unrelated move, Supermicro delayed its 10-K annual report.
Super Micro’s products are tailored for deployment in AI data centers, and rising demand drove SMCI's share price from $8.44 ...
Data by YCharts At the end of FY 2024, Supermicro had $1.67 billion in cash and short-term investments and $1.772 in convertible debt and term loans. The company's debt-to-equity ratio is 0.40 ...