Super Micro Needs a New Auditor By This Weekend. Its Options Are Limited.
The company faces a Nov. 16 deadline to file audited financials. First, it needs to find a new auditor. It won’t be easy.
Super Micro Shares Plunge 30 Percent After Ernst & Young Resigns as Auditor
The accounting firm said it could no longer rely on representations from the company's management and audit committee.
Super Micro Delays Another Filing After Auditor’s Resignation
Super Micro Computer Inc., the troubled server maker whose auditor resigned last month, delayed yet another filing as it continues to search for a new accounting firm.
Super Micro Delays Filing of September-Quarter Financial Report
AI server maker Super Micro Computer said on Wednesday it is unable to file its quarterly report on form 10-Q for the quarter ended Sept. 30, 2024 in a timely manner, amid its ongoing delay in filing an annual report.
Super Micro Stock Sinks After Another Filing Delay for Earnings
Super Micro Computer, the chip maker that became a target of short seller Hindenburg Research earlier this year, said it needs additional time to file its 10-Q form for earnings in the quarter ending Sept.
Super Micro delays filing September-quarter report as delisting looms
The company's shares fell about 4% in premarket trading. The stock is down 55% since Ernst & Young resigned as auditor in October after earlier flagging concerns about the company's governance, transparency and internal control over financial reporting.
Super Micro Computer: Delisting Concerns Tell A Cautionary Tale
Super Micro Computer's Q1 results are overshadowed by auditor issues and DOJ investigations. See why SMCI stock remains risky ...
Reuters13d
Super Micro Computer says Ernst & Young resigns as auditor, shares tank
Oct 30 (Reuters) - Super Micro Computer (SMCI.O), opens new tab said on Wednesday Ernst & Young had resigned as its ...
Super Micro Computer Stock Crashes, Wall Street Concerns Grow
Super Micro's stock plunges after Ernst & Young resigns as auditor, raising concerns about the company's financial stability.
Wall Street Journal13d
Ernst & Young Resigns as Super Micro Computer’s Auditor
Ernst & Young has resigned as the auditor for Super Micro Computer SMCI-18.27%decrease; red down pointing triangle, saying it can no longer rely on management’s representations. Super Micro ...
Australia regional airline Rex gets $53 mln government lifeline to keep flying
The Australian government said on Tuesday it would provide up to A$80 million ($52.6 million) to airline Regional Express Holdings to help keep its regional routes running during an extended voluntary ...
Supermicro plunges after Ernst & Young resigns as registered public accountant
Shares of Supermicro (SMCI) are sharply lower in pre-market trading after it was disclosed in a regulatory filing that on October 24, Ernst ...
MarketWatch13d
Super Micro’s troubles build as auditor resigns, sending stock tumbling 33%
The company disclosed Ernst & Young’s resignation in a Wednesday morning filing, while also getting into the auditor’s reasons for parting ways, including that Ernst & Young is now “unwillin ...
Super Micro Computer Q1: Red Flags, Lessons Learned, And Hope Ahead (Rating Downgrade)
Given Super Micro Computer's history of accounting malpractice and ongoing scrutiny, my rating is downgraded to Hold, ...
Super Micro Computer’s (NASDAQ:SMCI) Fair Valuation Comes with High Risks
I currently hold a neutral stance on Super Micro Computer (SMCI), a supplier of data center servers and storage solutions.