Super micro computer (SMCI) Actions climbed up to 12% in pre-commerce exchanges Wednesday after the technological company announced a positive update on its plans to avoid being canceled by the Nasdaq and described a new objective of income income ambitious for 2026.
Tuesday, the company told investors now plans to submit delayed deposits to the dry On the deadline of the Nasdaq on February 25 to avoid bringing back.
Super Micro said that he “continues to work with a diligence towards the deposit” of his annual and quarterly reports delayed to the American Securities and Exchange commission and “estimates that he will make such deposits by February 25. ‘Company had discouraged the deposits after a scathing report Published last year by the company in the open Hindenburg Research accusing the manufacturer of servers of accounting violations.
Super micro is a dell rival (Apron), which makes computer servers using Nvidia (Nvda) Latest Blackwell ai flea. The CEO of Super Micro, Charles Liang, said in an appeal with investors on Tuesday evening, “I think we have the potential to reach $ 40 billion for exercise 26”.
After the bell on Tuesday, Super Micro published preliminary results in the second quarter for its 2025 exercise which missed the estimates of Wall Street. The company said it expects to record turnover of $ 5.6 billion at $ 5.7 billion for the closed quarter on December 31, below 5.95 billion dollars expected by Wall Street analysts, according to consensual estimates from Bloomberg.
The company has reduced its income guidelines for the year 2025 to a range between $ 23.5 billion and 25 billion dollars, less than its previous range of $ 26 billion to $ 30 billion.
SMCI shares dropped up to 19% after the bell Tuesday in an initial reaction to profits before reverse the management.
Liang added on his call with investors on Tuesday evening that the server manufacturer has a “confidential product under development” to support this assertion. Analysts followed by Bloomberg had provided a turnover of 2026 Closer to $ 30 billion. Super micro said last week that it is Server systems for data centers using NVIDIA Blackwell AI fleas are now fully available.
Super micro commercial update occurs after A turbulent year in which the company was faced with in progress controversies following the Hindenburg report. THE The United States Ministry of Justice has launched an investigation in the accounting practices of super micro. The delayed annual and quarterly deposits of the company of the company endanger it to be canceled by the NASDAQ and its The accountant resigned.
The NASDAQ recently granted Super Micro an extension to submit documents by February 25. The company hired a new accountant, and the server manufacturer has declared a An independent examination of his business found no evidence of misconduct.
