SMCI just dropped an absolute disaster of a business update. Earnings? Miss. Revenue? Miss. SEC and DOJ breathing down their necks.
$SMCI business update: 💩Miss on both EPS and revenue (unaudited)💩Confirms receipt of both DOJ and SEC subpoenas💩Still no 10K or 10Q 💩Cut forward guidance 💩$700M of dilution💩Fourteen days away from delisting💩Swears they'll file 10K (which was due last August) by …