$SUPER MICRO COMPUTER INC(SMCI

$SUPER MICRO COMPUTER INC(SMCI)$ With the resignation from EY, it shows the corporate governance concern is real. I will stay away for now until it has been clean up. Possible to go down to $20 range.

SMCI Earnings: Delisting or Rebound After 40% Decline?

Super Micro Computer is set to release its Q1 FY25 results on November 5. Its shares plunged 44% after the auditor for the artificial intelligence server maker resigned. Wall Street analysts anticipate the company will report EPS of $0.73, a remarkable 115% yoy increase. Revenues are expected to rise by 205% from the same quarter last year, reaching $6.46 billion. ----------- Would you consider bottom-fishing at $20? The next step for SMCI is delist or rebound? Can SMCI deliver earnings increase as expected?

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