SMART Global Holdings, Inc. (SGH) Tops Q3 EPS by 30c, Offers Q4 Guidance

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Go back to SMART Global Holdings, Inc. (SGH) Tops Q3 EPS by 30c, Offers Q4 Guidance

SMART Global Holdings Reports Third Quarter Fiscal 2021 Financial Results

July 6, 2021 4:05 PM EDT

Record Quarterly Net Sales of $438M, up 44% Sequentially

NEWARK, Calif.--(BUSINESS WIRE)-- SMART Global Holdings, Inc. (SGH or the Company) (NASDAQ: SGH) today reported financial results for the third quarter of fiscal 2021.

Third Quarter Fiscal 2021 Financial Highlights

GAAP net sales of $437.7 million, an increase of 56% compared to the same period last year. GAAP net income/(loss) of ($7.2) million, or ($0.30) per diluted share, compared to $0.8 million, or $0.03 per diluted share, for the same period last year. Non-GAAP net income of $35.5 million, or $1.39 per... More