This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
Super Micro Computer (SMCI) shares have been on a firm footing ever since the embattled company set its fiscal Q2'25 earnings date for the 11th of February, ahead of a critical reporting deadline from the Nasdaq exchange, which only served to stimulate bullish speculation that the retailer of servers and AI racks would be able to resolve its outstanding reporting issues and not have to go through a damaging delisting.
Well, over the weekend, a key job vacancy at Super Micro Computer has emerged to further boost the conviction of the stock's bulls in their upbeat prognostication.
$SMCI 🚀🚀🚀🚀🚀🚀
Senior manager for SEC reporting is required, and you still think this is a bad play ? We will see this week.$NVDA $AVGO $VRT $DELL $HPE $ORCL pic.twitter.com/tDms3lMhoc— NWBO DCVax (@NWBO_JigSaw) February 10, 2025
To wit, Super Micro Computer is now looking to hire a "Senior Manager, SEC Reporting." The successful candidate would "drive the SEC reporting function, ensuring compliance with regulatory standards and financial transparency."
For the benefit of those who might not be aware, Super Micro Computer has not filed its requisite financial statements with the SEC since August 2024, when a damning report by Hindenburg Research had alleged accounting malfeasance at the firm, prompting an extensive internal control audit that then led to the unceremonious exit of SMCI's designated audit firm at the time, Ernst & Young (EY).
The Nasdaq exchange has given Super Micro Computer until the 25th of February to rectify its filing lacunae or face the specter of a damaging delisting from the Nasdaq exchange.
Against this backdrop, Super Micro Computer's earnings release later on Tuesday and its efforts to hire a designated reporting manager augurs well for the stock's prospects, as per a majority of its investors.
As evidence, consider the fact that if Super Micro Computer ends Monday in the green, it would constitute the stock's best run since August 2024.
Meanwhile, investors are eagerly waiting for SMCI's earnings release on Tuesday. Analysts expect the company to report $5.776 billion in revenue for its fiscal Q2'25, along with an EPS of $0.54.
As per a recent assessment by Lynx Equity, SMCI maintains a lead in liquid-cooled technology over its peers, enabling the rapid deployment of resource-hungry servers in a close configuration and leading to improved economies of scale.
Super Micro Computer currently has the capacity to deploy 5,000 server racks per month, including 2,000 liquid-cooled ones. Moreover, SMCI's planned expansion at a major factory in Malaysia will soon double its existing capacity to 10,000 server cabinets per month.
About the author: Writing is my one incontrovertible passion. Over the past six years, he has authored over 2,200 distinct articles on financial and tech-related topics, spanning nearly 1 million words. And he has been a member of Wcctech mobile team since 2025. As an alumnus of the University of Toronto, Rotman Commerce Program, I bring nuance, in-depth knowledge, and a unique perspective to every topic that I cover. When I'm not writing, I'm traveling the world, exploring hidden confectionaries and restaurants as an aspiring food connoisseur.
Follow Wccftech on Google to get more of our news coverage in your feeds.
