Super Micro Regains Nasdaq Compliance After Filing Delayed Financials. Shares Surge 22%

Super Micro Regains Nasdaq Compliance After Filing Delayed Financials. Shares Surge 22%

Super Micro Computer filed its delayed financial results on Tuesday, regaining Nasdaq compliance ahead of the listing deadline. The filing confirmed Super Micro's financials conform to U.S. accounting principles, per auditor BDO. Management acknowledged material weaknesses in internal controls, and the company plans to hire more accounting staff and upgrade its IT systems. Shares jumped over 20 in extended trading.


User: Benzinga

Views: 190

Uploaded: 2025-02-26

Duration: 00:31

Your Page Title