Supermicro Files Form 10-K for Fiscal 2024 and Forms 10-Q for the First and Second Quarters of Fiscal 2025
26 February 2025 - 9:52AM
Business Wire
With These Filings, All Outstanding Financial
Statements are Now Filed with No Restatements of Previously Filed
Financial Statements, and the Company has Regained Compliance with
the NASDAQ Filing Requirements
Super Micro Computer, Inc. (NASDAQ: SMCI) (“Supermicro” or the
“Company”), a Total IT Solution Provider for AI, Cloud, Storage and
5G/Edge, today filed with the Securities and Exchange Commission
(SEC) its Annual Report on Form 10-K for the fiscal year ended June
30, 2024 and its Quarterly Reports on Form 10-Q for the first
quarter of fiscal 2025 ended September 30, 2024 and the second
quarter of fiscal 2025 ended December 31, 2024.
The Company is now current with its SEC financial reporting
obligations. There were no restatements of previously filed
financial statements. The Company has received correspondence from
the Nasdaq staff that the Company has regained compliance with the
filing requirements, and the matter is now closed.
“Today’s filings represent an important milestone,” said Charles
Liang, Founder, President, and CEO. “With our financial reporting
now current, we can now fully focus on executing our proven winning
growth strategy through technology, product and solution
innovations, time-to-market advantage, global footprint, and green
computing. We are investing extensively in people and processes
across our engineering, sales, finance, accounting, compliance, and
operations to achieve our great mission in DLC, Data Center
Building Block Solution (Supermicro 4.0) as well as our revenue
target. Supermicro is accelerating at the forefront of the AI
revolution, helping our customers, partners and driving strong
returns for investors.”
Additional information about the Company’s financial condition,
results of operations and cash flows can be found in the Form 10-K
and Forms 10-Q filed today with the SEC.
Cautionary Statement Regarding Forward Looking
Statements
Statements contained in this press release that are not
historical in fact may be forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These forward-looking
statements can be identified by the use of forward-looking
terminology such as “anticipate,” “believe,” “continue,” “could,”
“estimate,” “expect,” “may,” "plan,” “seek,” “should,” “will,”
“would” or similar expressions and the negatives of those terms.
Such forward-looking statements may relate, among other things,
whether the Company will be successful in executing its growth
strategy, achieve its long-term revenue targets, or drive strong
returns for investors. Such forward-looking statements are based on
our current beliefs, assumptions and information available to us
and involve known and unknown risks, uncertainties and other
factors that may cause our actual results to be materially
different from any future results expressed or implied by the
forward-looking statements. Additional important risks and factors
related to such forward-looking statements including, but not
limited to the factors contained in our filings with the Securities
and Exchange Commission, including those factors discussed under
the caption "Risk Factors" in such filings. Except as required by
law, we assume no obligation to update these forward-looking
statements as the result of new information, future events or
otherwise.
About Super Micro Computer, Inc.
Supermicro (Nasdaq: SMCI) is a global leader in
Application-Optimized Total IT Solutions. Founded and operating in
San Jose, California, Supermicro is committed to delivering first
to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge
IT Infrastructure. We are a Total IT Solutions provider with
server, AI, storage, IoT, switch systems, software, and support
services. Supermicro's motherboard, power, and chassis design
expertise further enable our development and production, enabling
next generation innovation from cloud to edge for our global
customers. Our products are designed and manufactured in-house (in
the US, Taiwan, and the Netherlands), leveraging global operations
for scale and efficiency and optimized to improve TCO and reduce
environmental impact (Green Computing). The award-winning portfolio
of Server Building Block Solutions® allows customers to optimize
for their exact workload and application by selecting from a broad
family of systems built from our flexible and reusable building
blocks that support a comprehensive set of form factors,
processors, memory, GPUs, storage, networking, power, and cooling
solutions (air-conditioned, free air cooling or liquid
cooling).
Supermicro, Server Building Block Solutions, and We Keep IT
Green are trademarks and/or registered trademarks of Super Micro
Computer, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20250225589247/en/
Investor Relations Contact: Nicole Noutsios Stratos
Advisors email: ir@supermicro.com
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