A Management Report reviewing the Company’s third quarter 2024 financial results will be furnished to the Securities and Exchange Commission on Form 8-K and published on the Company’s website at https ...
A live audio webcast of the conference call and a PDF copy of the press release and the quarterly presentation will ... This press release includes certain financial measures which are not recognized ...
Total revenue increased 11% year-over-year to $338.9 million Organic revenue growth of 14% year-over-year GAAP net loss of $14.5 million and GAAP diluted loss per share of $0.13 Adjusted net income(2) ...
These non-GAAP financial measures have limitations as analytical tools, and when assessing our operating performance, you should not consider these non-GAAP financial measures in isolation or as ...
According to generally accepted accounting principles (GAAP), the following two criteria must be satisfied before the company can record revenue on its books: A critical event must trigger the ...
While FASB is no longer trying to converge its U.S. GAAP standards with the International Accounting Standards Board's International Financial Reporting Standards, the two boards are following some ...
Where SMCI stock goes from here, only time will tell. But accounting issues have not been good news for companies in the past. Coincidently, one of those historic examples was also in the ...
FASB published a proposed Accounting Standards Update (ASU) that is intended to improve the requirements for identifying the accounting acquirer in FASB ASC Topic 805, Business Combinations. The ASU ...