Super Micro’s troubles build as auditor resigns, sending stock tumbling 33%
Super Micro Computer Inc.’s challenges are building with the resignation of the server maker’s accounting firm. The company disclosed Ernst & Young’s resignation in a Wednesday morning filing, while also getting into the auditor’s reasons for parting ways,
Is Anyone Crazy Enough to Audit Super Micro Computer?
After Ernst & Young walked away, all eyes should be on its previous auditor. The risks include Nasdaq delisting.
Super Micro Stock Surges After Hiring New Auditor; Plans To Avoid Delisting
Shares of Super Micro Computer Inc. surged around 40 percent in the extended trading on The Nasdaq Stock Market after the troubled
Super Micro Shares Jump on Compliance Plan, New Auditor
Super Micro Stock Pops After Company Submits Plan to Stay Listed on Nasdaq
Super Micro Computer (SMCI) has submitted a plan to maintain its listing on the Nasdaq after it missed deadlines for providing financial reports to investors. The San Jose, Calif., server maker said Monday it intends to regain compliance with the exchange’s continued listing requirements after failing to file its reports for its fiscal year ended June 30,
Super Micro hires new auditor to maintain Nasdaq listing; shares pop
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Super Micro said on Monday that it hired BDO as its independent auditor.
Super Micro shares soar over 30% after naming new auditor
Investing.com-- Shares of Super Micro Computer Inc (NASDAQ:SMCI) rose sharply in evening deals on Monday after it named BDO USA as its auditor and said it had submitted a plan to the Nasdaq seeking more time to comply with listing rules.
Super Micro just hired a new auditor that might save it from getting the boot from Nasdaq
The Nvidia-adjacent server maker hired BDO USA after its former auditor quit because it couldn’t trust the management team or the board of directors.
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 ...
CBS News27d
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 ...
Deloitte, EY, KPMG, and PwC make up the Big 4 — here's how they compare
After a year of slowing demand for their services and a series of missteps, this is how the Big Four firms measure up against ...
Big Four accounting firm cuts ties with San Jose public company
The San Jose computer developer risks Nasdaq delisting for late financial reports as its accounting firm departs.
DBusiness Magazine4d
Ernst & Young Acquires Jubilant in Ann Arbor, Will Join EY US
Ernst & Young has announced Jubilant, an Ann Arbor-based human resource technology consulting firm, has joined EY US, which ...
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 ...
Crain's Detroit3d
Accounting giant acquires Ann Arbor-based HR consulting firm
Ernst & Young LLP, the U.S.-based client-serving member firm of Ernst & Young Global Limited, announced this week it has ...
Arsenal: New report reveals Gunners' major economic and social impact in London
Arsenal: New report reveals Gunners' major economic and social impact in London - Ernst & Young study details extent of the ...