Super Micro Computer stock (NASDAQ: SMCI) fell by about 6% in Tuesday’s trading and remains down 54% over the past month amid significant corporate governance concerns and questions about the company’s financial reporting.

Supermicro delays 10-Q for September quarter. SMCI has until November 16th to regain compliance with Nasdaq listing rules.

Super Micro Computer's Q1 results are overshadowed by auditor issues and DOJ investigations. See why SMCI stock remains risky amid Nasdaq delisting fears.

Super Micro Computer, Inc. (NASDAQ:SMCI) stock is trading lower Wednesday after it announced that it could not file its fiscal first-quarter 2025 Form 10-Q for the September 30, 2024 quarter due to excessive effort and cost.

The server maker disclosed it will be late with its quarterly filing in addition to its past annual one. Super Micro also said it needs additional time to find a new auditor.

The last few months for the server maker have been the stuff of movies, and investors could be in for a sequel.

Key Takeaways Super Micro Computer shares continued sliding in extended trading after leading Nasdaq decliners on Wednesday following news that the embattled server maker would delay the filing of its quarterly results.

Super Micro Computer (NASDAQ: SMCI) stock fell in Wednesday's trading after the company said that it would not be able to file its quarterly 10-Q report on time. The company's share price closed out the daily session down 6.