SMCI
✅ Super Micro Computer’s stock jumped over 20% after releasing overdue financial reports to comply with Nasdaq requirements.
👍 The company’s compliance alleviates concerns about potential delisting.
⚠️ Super Micro Computer acknowledges ongoing risks and challenges related to previous reporting obligations.
@bernardodegarcia:
“Super Micro Computer’s shares surged more than 20% in after-hours trading after presenting pending financial reports to comply with Nasdaq rules, alleviating concerns that the server manufacturer would be delisted. The company reported its fiscal year 2024 results and financial results for the quarters ending September 30 and December 31. Super Micro Computer confirmed that they expect to continue facing risks and challenges related to the previous non-compliance with SEC reporting obligations.”
Watch the exact part of the video where Bernardo talks about Super Micro Computer here:
Watch the video on YouTube.
Read more articles featuring the most recent analysis of Super Micro Computer (SMCI) at this link: SMCI stock.
