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published in Blogs
Jul 04, 2022
SMART Global Holdings (SGH, $16.21) Q3 earnings beats Zacks Consensus Estimates

SMART Global Holdings (SGH, $16.21) Q3 earnings beats Zacks Consensus Estimates

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.

Related Tickers: SGH