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.

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.

Super Micro Computer (SMCI) faces delays in filing its quarterly report due to ongoing investigations and the need to select a new accounting firm.

Super Micro Computer Inc., the troubled server maker whose auditor resigned last month, delayed yet another filing as it continues to search for a new accounting firm.

Though more research is under progress, the board-appointed special committee of the company recently finished an inquiry based on first concerns expressed by former auditor Ernst & Young. Artificial intelligence server manufacturer Super Micro said that the completion of its Q1 2025 Form 10-Q filing depends on completing the Form 10-K for the fiscal year ending June 30,

Super Micro Computer, the chip maker that became a target of short seller Hindenburg Research earlier this year, said it needs additional time to file its 10-Q form for earnings in the quarter ending Sept.