Super Micro Computer Files Its Financials by the Nasdaq's Deadline. Is It Safe to Buy the Stock Now?
Super Micro Computer (NASDAQ: SMCI) investors got good news last month after learning that the tech company, which has been mired in controversy in recent months, was able to file its quarterly and annual financials on time, satisfying the Nasdaq exchange. By doing so, it alleviates fears around the accuracy of its financials and it means the stock isn't at risk of being delisted anytime soon.Now that the financials are filed, is it safe to once again buy shares of the company? Let's take a closer look at Supermicro's numbers, and assess whether it's a good investment.On Feb. 28, Supermicro filed its outstanding quarterly and annual reports, putting the stock back in compliance with the Nasdaq exchange. The tech company, which sells servers and IT solutions and infrastructure, says it can now fully focus back onto its growth strategy. Continue reading
Super Micro Computer (NASDAQ: SMCI) investors got good news last month after learning that the tech company, which has been mired in controversy in recent months, was able to file its quarterly and annual financials on time, satisfying the Nasdaq exchange. By doing so, it alleviates fears around the accuracy of its financials and it means the stock isn't at risk of being delisted anytime soon.
Now that the financials are filed, is it safe to once again buy shares of the company? Let's take a closer look at Supermicro's numbers, and assess whether it's a good investment.
On Feb. 28, Supermicro filed its outstanding quarterly and annual reports, putting the stock back in compliance with the Nasdaq exchange. The tech company, which sells servers and IT solutions and infrastructure, says it can now fully focus back onto its growth strategy.
