Super Micro Computer, Inc. Stock News

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Super Micro, a major player in the server manufacturing sector, reported unaudited quarterly financials on Tuesday, missing revenue expectations and issuing a weaker-than-anticipated forecast. Super Micro is at risk of being delisted from the Nasdaq stock exchange if it does not file its annual report by mid-November.

After the close of Tuesday's session, beleaguered high-performance server and storage solutions provider Super Micro Computer or "Super Micro" provided an eagerly awaited business update. Preliminary Q1/FY2025 results came in mixed, as weaker than expected, sales were offset by improved margins and decent cash generation. The company also provided disappointing second quarter guidance, with sal...

Shares in Super Micro Computer (SMCI) tumbled in extended trading Tuesday after the troubled server maker provided preliminary fiscal first-quarter results that came in below Wall Street expectations and said it's unable to predict when it will file its delayed 2024 annual report.

Super Micro Computer Inc. did not offer investors any clear answers to questions in an investor call about its accounting woes Tuesday, leaving intact the dark cloud hanging over the company and its embattled shares.

Start Time: 17:00 January 1, 0000 5:54 PM ET Super Micro Computer, Inc. (NASDAQ:SMCI ) Q1 2025 Earnings Call November 05, 2024, 17:00 PM ET Company Participants Charles Liang - Founder, President, CEO and Chairman David Weigand - SVP and CFO Michael Staiger - VP, IR and Corporate Development Conference Call Participants Michael Ng - Goldman Sachs Samik Chatterjee - JPMorgan Aaron Rakers - Wells...

Can the hardware maker recover from this latest crisis?

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.