TECH - Smart Global Holdings Stock Jumps: Company Reports Mixed Q1 Results Issues Q2 Guidance Announces Share Repurchase Authorization | Benzinga
SMART Global Holdings Inc. (NASDAQ: SGH) shares are trading higher in Tuesday's after-hours session after the company reported its first-quarter financial results. Here's a summary of the details.
What To Know: Smart Global Holdings reported adjusted earnings per share of 24 cents which topped estimates of 16 cents.
Revenue of $274.2 million missed analyst expectations of $274.997 million, a 30.0% decline year-over-year.
Cash and cash equivalents were $529.059 million as of Dec. 1, 2023, compared to $365.563 million as of ...