SMART Global Holdings, Inc. (SGH) Tops Q4 EPS by 15c

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SGH Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

October 4, 2022 4:05 PM EDT

Achieved Record Net Sales and Record Gross Margins in Full Year Fiscal 2022

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

Fiscal 2022 Highlights

Net sales of $1.82 billion, up 21% versus fiscal 2021 GAAP gross margin of 24.9%, up 440 basis points versus fiscal 2021 Non-GAAP gross margin of 25.9%, up 370 basis points versus fiscal... More