SMART Modular Tech. (SMOD) Reports Q3 Adj-EPS of $0.01, Beats by 3c; Guides Q4 Below the Street
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SMART Modular Technologies (NASDAQ: SMOD) reports Q3 non-GAAP EPS of $0.01, 3 cents better than the analyst estimate of ($0.02) and compared to a gain of $0.06 in the same quarter last year. Revenue for the quarter was $91.6 million, versus the consensus of $100.02 million.
Sees Q4 sales of $90-$100 million, versus the consensus of $107.90 million. Non-GAAP EPS for the quarter are expected to be $0.00-$0.01, which compares to the Street estimate of $0.02.
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