Summary by Futu AI
Super Micro Computer, Inc. (SMCI), a global IT solutions provider, has announced on August 28, 2024, that it will not be able to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2024, within the prescribed time frame. The company expects to file a Notification of Late Filing on Form 12b-25 by August 30, 2024. The delay is attributed to the need for additional time for management to complete its assessment of the design and operating effectiveness of its internal controls over financial reporting. SMCI has confirmed that there have been no updates to the results for the fiscal year and quarter ended June 30, 2024, since its press release dated August 6, 2024. The company, headquartered in San Jose, California, specializes in providing optimized IT solutions for various sectors including Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure.