Tech giant Super Micro Computer, which has been delinquent in filing SEC paperwork, says it believes it will make a critical deadline.

Investor concerns about gross margin remained as that figure fell to 11.8% to 11.9%, down from 15.4% in the quarter a year ago, but its adjusted earnings per share of $0.58 to $0.60 was up 5% from the quarter year ago at the midpoint, though that was also below estimates at $0.75.

Super Micro Computer (SMCI) was undoubtedly one of the biggest success stories in the artificial intelligence (AI) space… at least initially. However, this high-flying AI play has hit turbulence, with regulatory hurdles and accounting concerns weighing on investor sentiment.