Supermicro's $60 Billion Backlog Meets its Audited Truth Test
Supermicro's unaudited business update reports $60B in new orders and 15%-17% gross margin guidance, but a history of scandals could make it risky.
Supermicro says it has $60 billion in orders waiting to be filled and expects good profits, which sounds promising. But the company had problems with honesty before, so people watching should pay attention to whether the final audit results match what they're claiming now.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.