SMART Global Holdings, Inc. (SGH) Tops Q2 EPS by 2c, Revenues Beat; Offers Q3 EPS/Revenue Guidance

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SMART Global Holdings Reports Second Quarter Fiscal 2020 Financial Results

April 7, 2020 4:05 PM EDT

NEWARK, Calif., April 07, 2020 (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (SMART or the Company) (NASDAQ: SGH), today reported financial results for the second quarter of fiscal 2020 ended February 28, 2020.

Second Quarter Fiscal 2020 Highlights:

Net sales of $272.0 millionGAAP net income (loss) of ($9.7) million, or ($0.41) per shareNon-GAAP net income of $12.8 million, or $0.52 per shareAdjusted EBITDA of $22.3... More