""Based on what we know so far, though that could change as the investigation progresses, no one from the company other than those named in the DOJ indictment were involved. So we have very good confidence [in] our integrity.""
""Supermicro doesn't think it will need to restate earnings, nor does it believe more employees were involved.""
Super Micro Computer's CEO Charles Liang stated that only three indicted employees were involved in an alleged scheme to smuggle servers to China. The company reported its third quarter earnings, which was the first since the indictment. VP Michael Staiger indicated that Supermicro does not expect to restate earnings and believes no additional employees were implicated. Liang expressed confidence in the company's integrity, emphasizing that no one else was involved in the allegations. The stock rose 18% following these statements during the earnings call.
Read at Fortune
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