SMART Global Holdings, Inc. posted quarterly adjusted earnings of $0.87 per share, surpassing the Zacks Consensus Estimate of $0.75 per share. Earnings were higher than $0.70 per share a year ago.
The electronics company’s revenue in the quarter ended May 2022 rose to $462.54 million (from the year-ago quarter’s $437.73 million), and also topped the Zacks Consensus Estimate by 1.65%.
The current consensus expectation for SMART EPS is $0.84 on $479.58 million in revenues for the coming quarter. For the full fiscal year, the consensus outlook is $3.53 earnings per share on $1.85 billion in revenues.