SMART Global Holdings, Inc. (SGH) Tops Q4 EPS by 4c, Offeres Q1 Guidance

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SMART Global Holdings Reports Fourth Quarter and Full Year Fiscal 2020 Financial Results

October 1, 2020 4:02 PM EDT

NEWARK, Calif., Oct. 01, 2020 (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (SMART or the Company) (NASDAQ: SGH), today reported financial results for the fourth quarter and full year fiscal 2020 ended August 28, 2020.

Fourth Quarter Fiscal 2020 Highlights:

Net sales of $297.0 million, 6.7% higher than the year ago quarter.GAAP net income of $7.5 million, or $0.30 per share, 33.8% and 28.3% higher than the year ago quarter,... More