SMART Global Holdings, Inc. (SGH) Tops Q3 EPS by 3c, Slight Miss on Revenues; Offers 4Q EPS/Revenue Mid-Point Guidance Above Consensus

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Go back to SMART Global Holdings, Inc. (SGH) Tops Q3 EPS by 3c, Slight Miss on Revenues; Offers 4Q EPS/Revenue Mid-Point Guidance Above Consensus

SMART Global Holdings Reports Third Quarter Fiscal 2020 Financial Results

July 7, 2020 4:05 PM EDT

NEWARK, Calif., July 07, 2020 (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (SMART or the Company) (NASDAQ: SGH), today reported financial results for the third quarter of fiscal 2020 ended May 29, 2020.

Third Quarter Fiscal 2020 Highlights:

Net sales of $281.3 million, 19.4% higher than the year ago quarter.GAAP net income of $0.8 million, or $0.03 per share, 57.6% and 59.5% lower than the year ago... More