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Super Micro’s Sales Update Falls Short. Stock Drops.

Wall Street Journal on MSN · 13h

Super Micro Is Coming Up Too Short

Disappointing server sales are blamed on the delay of new Nvidia chip, but management’s credibility has dimmed.

Bloomberg on MSN · 1d

Super Micro Slips on Sales Outlook That Falls Short of Estimates

Super Micro Computer Inc. gave a sales forecast that fell short of analysts’ estimates while saying it couldn’t predict when it would file official financial statements for its previous fiscal year. The shares dropped about 10% in extended trading.

MarketWatch · 1d

Super Micro's business-update call could be pivotal for popular short-selling play

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 announcement last Wednesday that its auditor has resigned.

Barron's on MSN · 1d

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 with adjusted earnings per share range of 75 cents to 76 cents,

Super Micro shares fall

Super Micro shares fall as server maker misses sales targets, annual filing uncertain

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.

NBC New York · 1d

Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance

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 stock sinks on weaker-than-expected outlook, uncertainty over annual filing

Super Micro stock slid 10% as the company's latest outlook fell short of Wall Street's expectations. The company also said it couldn't predict a timeline for filing its 10-K.

17h

Super Micro slumps as weak forecast, annual report uncertainty fuel investor worries

Shares of Super Micro Computer tumbled more than 20% in premarket trading on Wednesday as an unclear timeline for its annual ...

6hon MSN

Super Micro Slides on Weak Outlook as Delisting Risk Looms

Shares of Super Micro Computer Inc. plunged on Wednesday after the server maker issued a disappointing sales forecast and ...

7hon MSN

Super Micro Computer Stock Dives on Sustained Risk of Nasdaq Delisting

Super Micro shares fell Wednesday after the company inflamed concerns it could be delisted by not providing clarity on when ...

11h

Super Micro shares plummet 22% after financial update heightens investor concerns

Super Micro’s stock fell to its lowest since mid-2023 on Wednesday after the company issued unaudited quarterly results that ...

21h

Super Micro stock plunges 17% on weak guidance, delayed results

Super Micro shares fell 17% after missing revenue estimates, heightening Nasdaq delisting risks amid ongoing audit issues.

Investopedia on MSN1d

Super Micro Computer Price Levels to Watch as Stock Plunges After Business Update

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Super Micro ...

1d

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 ...

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