The year 2024 represented the best and worst of times for Super Micro Computer (SMCI 9.36%). The server maker started the year with a bang, reporting triple-digit revenue growth, thanks to demand ...
Super Micro Computer faces negative operating cash flow and is seeking additional capital, diluting shareholders. Learn why ...
The high demand for Supermicro products led to a nearly 1,000% jump in revenue and a 1,030% increase in net income. The company announced a 10-1 stock split, resulting in a share price increase of ...
First, let's walk through Supermicro's successes and troubles over the past year. The company started 2024 off on the right foot, reporting its first $3 billion quarter, with revenue that ...
Supermicro had been guiding for fiscal Q1 revenue of $6 billion to $7 billion, but its preliminary results point to revenue actually landing between $5.9 billion and $6 billion. However ...
In October, Ernst & Young resigned as Super Micro's auditor, resulting in a 33% stock plunge. An independent special board committee evaluated concerns from Ernst & Young and found no misconduct ...
U.S. stock futures are up ahead of a shortened trading week, investors anticipate remarks from Nvidia's CEO, and chipmaker ...
Super Micro Computer stock was rising ahead of the opening bell, putting the server maker on course to build on Friday’s double-digit gains. Super Micro was the most volatile S&P 500 stock last year, ...
To alleviate concerns about accounting controls and procedures, it seems inevitable that Super Micro may need to hire more ...
That “AI revolution” was good to Supermicro during the first fiscal quarter. Liang said. “The preliminary fiscal Q1 net revenue was in the range of $5.9 [billion] to $6.0 billion,” he said.
Super Micro Computer faced a challenging 2024, with significant stock volatility and ongoing corporate governance issues. See ...