Ernst & Young Resigns as Super Micro Computer’s Auditor
Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s misrepresentations.
Super Micro Delays Quarterly Filing, Awaits New Auditor Amid Reporting Challenges
Though more research is under progress, the board-appointed special committee of the company recently finished an inquiry based on first concerns expressed by former auditor Ernst & Young. Artificial intelligence server manufacturer Super Micro said that the completion of its Q1 2025 Form 10-Q filing depends on completing the Form 10-K for the fiscal year ending June 30,
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 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 Stock Falls As Server Maker Delays Quarterly Report
Embattled server maker Super Micro Computer told regulators that it will be unable to file its September-quarter report on time.
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 ...
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Super Micro shares soared 246% last year after jumping 87% in 2023. The stock peaked at $118.81 in March, shortly after being ...
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Ernst & Young fires workers for taking 2 online training courses at once
Ernst & Young has fired a group of U.S.-based employees for taking part in two online training sessions at the same time, saying it took disciplinary action against workers found to have broken ...
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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 ...
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Not so Super Micro bucks AI sector boom trend, reports underwhelming Q3 figures
Super Micro, which provides enterprise AI infrastructure, stands out as a negative outlier in 2024's artificial intelligence ...
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.
How Ernst & Young’s AI platform is ‘radically’ reshaping operations
EY launched its customized generative AI platform a year ago — at a cost of $1.4 billion — and the technology is already being used by 96% of its employees.
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.
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, ...