Reported about 13 hours ago
Super Micro Computer has recently appointed a new auditor, BDO, after the previous one resigned due to concerns over internal controls. Despite a dramatic drop in share price and unresolved annual report filings, preliminary Q1 financial results show considerable growth. However, uncertainties about the company's internal processes and the financial implications of a new auditor suggest that investors should proceed with caution before buying the stock.
Source: YAHOO