SMART Global Shares Plummet After Q3 Results, Guides Q4 Below Consensus
SMART Global Holdings Inc. (NASDAQ:SGH) reported third-quarter sales growth of 5.7% year-over-year to $463 million, beating the consensus of $455.17 million. Adjusted EPS of $0.87 (+24% Y/Y) beat the consensus of $0.75. The gross margin expanded by 540 bps to 24.7%, and the adjusted gross margin was up 380 bps to 25.7%.…
Benzinga ·
Benzinga
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