SMART Global Holdings, Inc. (SGH) Tops Q2 EPS by 15c

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SGH Reports Second Quarter Fiscal 2022 Financial Results

April 5, 2022 4:05 PM EDT

8th Consecutive Quarter of Year-over-Year Revenue Growth;
Board of Directors Approves $75 Million Share Repurchase Authorization

MILPITAS, Calif.--(BUSINESS WIRE)-- SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ: SGH) today reported financial results for the second quarter of fiscal 2022. Per share measures for all periods reflect the effect of the February 2022 two-for-one share split.

Second Quarter Fiscal 2022 Highlights

Net sales of $449 million, up 48% versus the year ago quarter GAAP gross margin of 25.1%, up... More