Super Micro Computer up 78% this week; What has changed since auditor exit?
Super Micro Computer (NASDAQ:SMCI) jumped over 78% this week after the artificial intelligence server maker appointed BDO USA as its new independent auditor and submitted a compliance plan with the Nasdaq.
Super Micro Computer names BDO as auditor, files Nasdaq compliance plan
Super Micro Computer on Monday named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional time to regain compliance with the listing rules, sending its shares surging 25% in extended trading.
Super Micro’s stock surges as company names a new auditor. What to watch next.
The company still faces many unknowns, but an analyst expects Nasdaq approval for Super Micro’s filing plan in two to five weeks.
Super Micro just hired a new auditor that might save it from getting the boot from Nasdaq
The Nvidia-adjacent server maker hired BDO USA after its former auditor quit because it couldn’t trust the management team or the board of directors.
What's Going On With Super Micro Computer Shares Friday?
The Details: Super Micro, in the compliance plan, said it believes it will be able to file both its 2024 fiscal-year earnings and its 2025 fiscal-year first-quarter earnings within Nasdaq’s acceptable discretionary time.
Super Micro Computer: Understanding The Recent Developments, Reversal Possible
Financial analysis of SMCI partnership with NVDA during data center boom, potential reversal in stock, reliable FQ1'25 numbers, cheap FWD PEG ratio. Read more here.
Super Micro surges as AI server maker hires new auditor, seeks filing extension
(Reuters) -Shares of Super Micro Computer soared about 23% in early trading on Tuesday, after the server maker sought an extension from Nasdaq for its delayed financial filings and appointed a new auditor as it looks to avoid being delisted.
Super Micro Computer Shares Soar 32% As It Avoids Getting Booted Off Nasdaq, But Analysts Are Not Convinced: Here's What's Coming Next For SMCI
Shares of Super Micro Computer Inc (NASDAQ: SMCI) closed 31.24% higher in trade on Tuesday at $28.27 apiece. This happened after it announced the appointment of BDO USA as its Independent Auditor and also filed a compliance plan with Nasdaq,
Nvidia Partner Super Micro Computer Receives Nasdaq Non-Compliance Notice
Nasdaq sent Super Micro Computer (SMCI, Financials) a non-compliance notice on Wednesday for failing to file filings with the SEC on time. The business said it has sent Nasdaq a compliance plan detailing its estimated capacity to submit its quarterly report on Form 10-Q for the fiscal quarter ending Sept.
Super Micro’s New Auditor Needs Its Own Turnaround. Why the Partnership Is Full of Risk.
Super Micro named a new auditor in hopes of restoring investor confidence. Why its choice of accounting firms could raise new questions.
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Northland says Supermicro auditor a ‘decent first step’ to restoring confidence
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Supermicro hot-swaps auditor in hope of dodging Nasdaq delisting
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Supermicro Stock Soars on Plan To Avoid Delisting
The server maker said BDO USA would serve as its new auditor, and that it expects to be able to complete its delayed ...