SGH - Earnings announcements

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the company will host its quarterly financial webcast and conference call for its fourth quarter and full fiscal year 2024 earnings after market close on Tuesday, October 15, 2024, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, SGH Q4 FY24 Earnings Call Webcast Conference Call Information: Participants may also listen to the conference call by dialing: +1 833-470-1428 (domestic), or +1 929-526-1599 (international) using the access code 916986. Re

Sequential Revenue Growth Drives GAAP EPS of $0.10, Non-GAAP EPS of $0.37 SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today reported financial results for the third quarter of fiscal 2024. Third Quarter Fiscal 2024 Highlights Net sales of $300.6 million, up 5.5% versus the prior quarter GAAP gross margin of 29.6% versus 28.8% in the prior quarter Non-GAAP gross margin of 32.3% versus 31.5% in the prior quarter GAAP EPS of $0.10 versus $(0.26) in the prior quarter Non-GAAP EPS of $0.37 versus $0.27 in the prior quarter, up 37% quarter over quarter "We are pleased with our Q3 operating results and continued progress in our transformation into a high

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2024 earnings after market close on Tuesday, July 9, 2024, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, visit: SGH Q3 FY24 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing: +1 833 470 1428 (domestic) or +1 929-526-1599 (international), using the access code 829754. Repla

IPS revenue up 19 percent sequentially; total SGH revenue of $285 million SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today reported financial results for the second quarter of fiscal 2024. Second Quarter Fiscal 2024 Highlights Net sales of $284.8 million, up 3.9% versus the prior quarter GAAP gross margin of 28.8% versus 30.2% in the prior quarter Non-GAAP gross margin of 31.5% versus 33.3% in the prior quarter GAAP EPS of $(0.26) versus $(0.23) in the prior quarter Non-GAAP EPS of $0.27 versus $0.24 in the prior quarter "The second quarter marked a period of continued progress towards our transformation into a high-value enterprise solutions com

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the company will host its quarterly financial webcast and conference call for its second quarter fiscal year 2024 earnings after market close on Tuesday, April 9, 2024, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, visit: SGH Q2 FY24 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing: +1 833 470 1428 (domestic) or +1 929-526-1599 (international), using the access code 202143. Rep

Record GAAP and Non-GAAP Gross Margins SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today reported financial results for the first quarter of fiscal 2024. On November 29, 2023, we completed our previously announced divestiture of an 81% interest in our SMART Brazil operations. Our SMART Brazil operations are classified as discontinued operations in the accompanying financial information for all periods presented. The following discussion relates to our continuing operations, which exclude SMART Brazil. First Quarter Fiscal 2024 Highlights for Continuing Operations Net sales of $274.2 million, down 30.0% versus the year-ago quarter Record GAAP gross margin of

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the company will host its quarterly financial webcast and conference call for its first quarter fiscal year 2024 earnings after market close on Tuesday, January 9, 2024, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, visit: SGH Q1 FY24 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing: +1 833-470-1428 (domestic) or +1 929-526-1599 (international), using the access code 064997. Re

Record GAAP and Non-GAAP Gross Margins for FY2023 SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today reported financial results for the fourth quarter and full year fiscal 2023. On June 13, 2023, we entered into an agreement to sell an 81% interest in our SMART Brazil operations. The transaction is expected to close at the end of calendar 2023 or early 2024, subject to required regulatory approvals and satisfaction of customary closing conditions. Accordingly, our SMART Brazil operations are classified as discontinued operations in the accompanying financial statements for all periods presented. The following discussion relates to our continuing operations, which

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the company will host its quarterly financial webcast and conference call for its fourth quarter fiscal year 2023 earnings after market close on Thursday, October 12, 2023, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, visit: SGH Q4 FY23 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing: +1 833 470 1428 (domestic) or +1 929-526-1599 (international), using the access code 759938.

Strong Operating Results and Record Cash and Equivalents SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today reported financial results for the third quarter of fiscal 2023. Third Quarter Fiscal 2023 Highlights Net sales of $383 million, down 17.1% versus the year-ago quarter GAAP gross margin of 25.7%, up 100 basis points versus the year-ago quarter Non-GAAP gross margin of 28.0%, up 230 basis points versus the year-ago quarter GAAP EPS of $(0.50) versus $0.44 in the year-ago quarter Non-GAAP EPS of $0.66 versus $0.87 in the year-ago quarter Record cash and cash equivalents of $401 million Announced agreement to sell an 81% interest in SMART Mod

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the Company, through its wholly owned subsidiary SMART Modular Technologies (LX) S.à.r.l., has entered into an agreement to sell an 81% interest in SMART Modular Technologies do Brasil – Indústria e Comércio de Componentes Ltda. ("SMART Brazil") to Lexar Europe B.V., an affiliate of Shenzhen Longsys Electronics Co., Ltd. for approximately $166 million in cash consideration. The purchase price values 100% of SMART Brazil at an initial enterprise value of $205 million. SMART Brazil operates as a stand-alone business focused on the Brazil market. It assembles and tests modules for electronics manufacturers

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2023 earnings after market close on Thursday, June 29, 2023, beginning at 1:30 p.m. Pacific Daylight Time (PDT) / 4:30 p.m. Eastern Daylight Time (EDT). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, visit: SGH Q3 FY23 Earnings Call Webcast Conference Call Information: Participants may also listen to the conference call by dialing): +1-833-470-1428 (domestic) or +1-929-526-1599 (international), using the access

Record IPS revenue of $222 million SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today reported financial results for the second quarter of fiscal 2023. Second Quarter Fiscal 2023 Highlights Net sales of $429 million, down 4.5% versus the year-ago quarter GAAP gross margin of 25.7%, up 60 basis points versus the year-ago quarter Non-GAAP gross margin of 28.9%, up 290 basis points versus the year-ago quarter GAAP EPS of $(0.55) versus $0.04 in the year-ago quarter Non-GAAP EPS of $0.76 versus $0.87 in the year-ago quarter Cash and cash equivalents of $376 million "Our second quarter fiscal 2023 results demonstrate the resilience of our business, h

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the company will host its quarterly financial conference call and webcast for its second quarter fiscal year 2023 earnings after market close on Tuesday, April 4, 2023, beginning at 1:30 p.m. Pacific Daylight Time (PDT) / 4:30 p.m. Eastern Daylight Time (EDT). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, visit: SGH Q2 FY23 Earnings Call Webcast Conference Call Information: Participants may also listen to the conference call by dialing): +1 833 470 1428 (domestic) or +1 929-526-1599 (international), using the access co

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today reported financial results for the first quarter of fiscal 2023. Per share measures for all periods reflect the effect of the February 2022 two-for-one share split. First Quarter Fiscal 2023 Highlights Net sales of $465 million, up 6.3% versus the prior quarter GAAP gross margin of 25.4%, up 170 basis points versus the prior quarter Non-GAAP gross margin of 27.8%, up 320 basis points versus the prior quarter GAAP EPS of $0.10 versus $0.40 in the prior quarter Non-GAAP EPS of $0.79 versus $0.80 in the prior quarter Closed acquisition of Stratus Technologies on August 29, 2022 "We are pleased with our finan

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the company will host its quarterly financial conference call and webcast for its first quarter fiscal year 2023 earnings after market close on Tuesday, January 3, 2023, beginning at 1:30 p.m. Pacific Standard Time (PST) / 4:30 p.m. Eastern Standard Time (EST). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, visit: SGH Q1 FY23 Earnings Call Webcast Conference Call Information: Participants may also listen to the conference call by dialing +1 844-200-6205 (domestic) or +1 929-526-1599 (international), using the access cod

Achieved Record Net Sales and Record Gross Margins in Full Year Fiscal 2022 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 2021 GAAP EPS of $1.22 versus GAAP EPS of $0.41 for fiscal 2021 Non-GAAP EPS of $3.62 versus non-GAAP EPS of $2.61 for fiscal 2021 Repurchased 2.63 mi

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the company will host its quarterly financial conference call and webcast for its fourth quarter fiscal year 2022 earnings after market close on Tuesday, October 4, 2022, beginning at 1:30 p.m. Pacific Standard Time (PST) / 4:30 p.m. Eastern Standard Time (EST). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, visit: SGH Q4 FY22 Earnings Call Webcast Conference Call Information: Participants may also listen to the conference call by dialing +1 844-200-6205 (domestic) or +1 929-526-1599 (international), using the access co

9th Consecutive Quarter of Year-over-Year Revenue Growth Signed Definitive Agreement to Acquire Stratus Technologies to Expand High-Availability, Fault-Tolerant Solutions for Data Center and Edge Markets SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today reported financial results for the third quarter of fiscal 2022. Per share measures for all periods reflect the effect of the February 2022 two-for-one share split. Third Quarter Fiscal 2022 Highlights Announced entry into a definitive agreement to acquire Stratus Technologies (see separate press release issued on June 29, 2022 for details) Net sales of $463 million, up 6% versus the year-ago quarter GAAP gross

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the company will host its quarterly financial conference call and webcast for its third quarter fiscal year 2022 earnings after market close on Wednesday, June 29, 2022, beginning at 1:30 p.m. Pacific Daylight Time (PDT) / 4:30 p.m. Eastern Daylight Time (EDT). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, visit: SGH Q3 FY22 Earnings Call Webcast Conference Call Information: Participants may also listen to the conference call by dialing +1 844-200-6205 (domestic) or +1 929-526-1599 (international), using the access cod

8th Consecutive Quarter of Year-over-Year Revenue Growth; Board of Directors Approves $75 Million Share Repurchase Authorization 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 750 basis points versus the year ago quarter Non-GAAP gross margin of 26.0%, up 660 basis points versus the year ago quarter GAAP EPS of $0.04, down 67% versus the year ago quarter Non-

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the Company will host its quarterly financial conference call and webcast for its second quarter fiscal year 2022 earnings after market close on Tuesday, April 5, 2022, beginning at 1:30 p.m. Pacific Daylight Time (PDT) / 4:30 p.m. Eastern Daylight Time (EDT). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, visit: SGH Q2 FY22 Earnings Call Webcast Conference Call Information: Participants may also listen to the conference call by dialing 888-550-5584 (domestic) or 1-646-960-0157 (international), using the access code 231

Announces Two-for-One Share Split 7th Consecutive Quarter of Year-over-Year Revenue Growth SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today reported financial results for the first quarter of fiscal 2022. First Quarter Fiscal 2022 Highlights Net sales of $470 million, up 61% versus the year ago quarter GAAP gross margin of 26.0%, up approximately 800 basis points versus the year ago quarter Non-GAAP gross margin of 27.0%, up approximately 850 basis points versus the year ago quarter GAAP EPS of $0.73, up 813% versus the year ago quarter Non-GAAP EPS of $2.16, up 177% versus the year ago quarter "We continued our strong momentum into the first quarter of

SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today announced that the company will host its quarterly financial conference call and webcast for its first quarter fiscal year 2022 earnings after market close on Tuesday, January 4, 2022, beginning at 1:30 p.m. Pacific Standard Time (PST) / 4:30 p.m. Eastern Standard Time (EST). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast, visit: SGH Q1 FY22 Earnings Call Webcast Conference Call Information: Participants may also listen to the conference call by dialing (888) 550-5584 (domestic) or (646) 960-0157 (international), using the access cod

Record Quarterly and Annual Revenue with Strong Performance Across all Businesses SMART Global Holdings, Inc. ("SGH" or the "Company") (NASDAQ:SGH) today reported financial results for the fourth quarter and full year fiscal 2021. Fourth Quarter Fiscal 2021 Financial Highlights Net sales of $467.7 million, up 57% from the year ago quarter GAAP gross margin of 25.2%, up 620 basis points versus the year ago quarter Non-GAAP gross margin of 26.4%, up 690 basis points versus the year ago quarter GAAP EPS of $0.78, up 160% versus the year ago quarter Non-GAAP EPS of $2.16, up 163% versus the year ago quarter Fiscal 2021 Highlights Net sales of $1.5 billion, up 34% versus the prio

Conference call and webcast to follow at 1:30 p.m. PDT / 4:30 p.m. EDT SMART Global Holdings, Inc. ("SGH") (NASDAQ:SGH), will report financial results for its fourth quarter and fiscal year 2021 after market close on Tuesday, October 12, 2021. The Company will host a conference call and corresponding webcast at 1:30 p.m. Pacific Time (PDT) / 4:30 p.m. Eastern Time (EDT) to discuss the financial results and provide a business outlook. Webcast Information: To access the live webcast, please visit: SGH Q3 FY21 Earnings Call Webcast Conference Call Information: Participants may also listen to the conference call by dialing (844) 912-3896 (domestic) or (236) 714-3344 (international), along