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SMART Global Holdings Q1 Adj. EPS $0.55 vs $0.73 Estimate, Sales $272M Miss $280.02M Estimate

SMART Global Holdings (NASDAQ:SGH) reported quarterly earnings of $0.55 per share which missed the analyst consensus estimate of $0.73 by 24.66 percent. This is a 68.57 percent decrease over earnings of $1.75 per share

Benzinga · 12/19/2019 21:07

SMART Global Holdings (NASDAQ:SGH) reported quarterly earnings of $0.55 per share which missed the analyst consensus estimate of $0.73 by 24.66 percent. This is a 68.57 percent decrease over earnings of $1.75 per share from the same period last year. The company reported quarterly sales of $272 million which missed the analyst consensus estimate of $280.02 million by 2.86 percent. This is a 30.94 percent decrease over sales of $393.879 million the same period last year.