SMART Global Hlds

SMART Global Holdings, Inc. designs and manufactures specialty solutions for the computing, memory, and LED markets. The company specializes in application specific product development and support for customers in enterprise, government and original equipment manufacturer, or OEM, markets. It operates through the following segments: Memory Solutions, Intelligent Platform Solutions (IPS), and LED Solutions. The memory Solutions segment provides performance and reliable memory solutions through the design, development, and advanced packaging to extended lifecycle products. The IPS segment consists of specialized platform solutions for high-performance computing, artificial intelligence, machine learning and advanced modeling for technology research. The LED Solutions segment offers a broad portfolio of application-optimized LEDs focused on improving on lumen density, intensity, efficacy, optical control and reliability. The company was founded in 1988 and is headquartered in Milpitas, CA.

Earnings data Q2 2021

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Earnings data Q1 2025

SMART Global Holdings reports record Q1 revenues, cautious on consumer demand

SMART Global Holdings (SGH) delivered record revenues and strong performance in IPS, while facing challenges in LED Solutions. The company is cautious about uncertain demand in consumer-facing businesses and is focusing on new product development and recurring services.

SMART Global Holdings reports strong Q2 results, eyes growth opportunities

SMART Global Holdings delivered strong Q2 results with record revenues and gross margins. Challenges in LED Solutions and Memory Solutions were noted. The company remains optimistic about future growth prospects and innovation.

SMART Global Holdings reports strong Q3 performance and eyes AI growth

SGH's Q3 performance reflects strength in IPS sales and strategic focus on high-performance enterprise solutions. While facing challenges in forecasting growth and making IPS business more predictable, the company is optimistic about future revenue opportunities in AI and data analytics. By divesting non-core assets, SGH aims to enhance margins and invest in growth areas.

SMART Global Hlds reports $317M in Q4 sales, eyes enterprise growth

SMART Global Holdings is transitioning to an enterprise solutions provider, focusing on high-performance offerings for AI and data analytics markets. Despite challenges in the IPS and Memory segments, the company remains optimistic about long-term growth opportunities and revenue potential.

SMART Global Holdings reports record Q1 performance and eyes growth opportunities

SMART Global Holdings (SGH) delivered a strong Q1 performance with record margins and revenues, supported by a focus on high-performance enterprise solutions. While facing challenges in certain segments, the company is well-positioned for growth with opportunities in IPS revenue expansion and strategic partnerships.

SMART Global Hlds reports solid Q2 results amidst AI growth

SGH's Q2 performance met expectations, with strong revenue figures and a focus on AI solutions. The company faces challenges from seasonality and potential margin impacts.
However, SGH's strengths in AI adoption, LED innovation, and proactive capital allocation position it well for growth. Opportunities in AI deployment and service revenue growth are on the horizon.
Strategic planning to navigate challenges while capitalizing on opportunities will be crucial for SGH's continued success and expansion in the market.

SMART Global Holdings reports robust Q3 earnings, eyes HPC and AI growth

SMART Global Holdings delivered solid Q3 results with revenue of $300.6 million and a focus on advancing technology solutions in the Penguin and Memory segments.
While facing gross margin pressures in Q4, the company remains optimistic about revenue growth opportunities in IPS and Memory businesses.
Strategic initiatives in HPC and AI, coupled with financial stability and product advancements, position SMART Global for future growth and market leadership.

Penguin Solutions meets fiscal 2024 goals, eyes AI growth

Penguin Solutions delivered solid performance in fiscal 2024, positioning for growth in FY '25.
Strategic focus on AI, software/services expansion, and innovation drive future opportunities.
Challenges include competitive AI landscape, cost management, and adaptability to annual outlooks.
Opportunities lie in sustainable value creation, AI market growth, and strategic partnerships.

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Penguin Solutions, Inc. engages in the design and manufacture of enterprise solutions for the computing, memory, and LED markets. It operates through the following segments: Advanced Computing, Integrated Memory & Optimized LED. The Advanced Computing segment consists of platform solutions and services for high-performance computing, artificial intelligence, machine learning, and modeling for technology research. The Integrated Memory segment provides performance and reliable memory solutions through the design, development, and advanced packaging to extended lifecycle products. The Optimized LED segment offers a broad portfolio of application-optimized LEDs focused on improving lumen density, intensity, efficacy, optical control, and reliability. The company was founded in 1988 and is headquartered in Milpitas, CA.

Investors need to pay close attention to SMART (SGH) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in SMART (SGH) Stock?

MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #SGH--SGH announced today that members of its management team will present at the following upcoming investor conferences: Cowen; Stifel; and Rosenblatt.

SGH Announces Upcoming Investor Conference Participation

DURHAM, N.C.--(BUSINESS WIRE)---- $SGH #CreeLED--Cree LED has filed a patent infringement lawsuit in the U.S. District Court for the Western District of NY against Star Headlight & Lantern Co., Inc.

CreeLED Files Patent Infringement Lawsuit Against Star Headlight & Lantern Company

NEWARK, Calif. & SAN FRANCISCO--(BUSINESS WIRE)---- $SGH #IGEL--SMART Modular Technologies announced it has joined the IGEL Ready program as a technology partner of IGEL, provider of edge OS for cloud workspaces.

SMART Modular Technologies Joins IGEL Ready Program

NEWARK, Calif.--(BUSINESS WIRE)---- $SGH #AIC--SMART Modular announces its new SMART Kestral PCIe Optane Memory Add-in-Card (AIC) which enables memory expansion and acceleration for data centers.

SMART Modular Announces the SMART Kestral PCIe Optane Memory Add-in-Card to Enable Memory Expansion and Acceleration

SMART Global Holdings, Inc. (SGH) CEO Mark Adams on Q2 2022 Results - Earnings Call Transcript

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The stock market gave back recent gains, but investors are looking closely at financial results.

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SMART Global Holdings Inc (NASDAQ: SGH) shares are trading lower in Tuesday's after-hours session after the company reported financial results and issued guidance. SMART Global Holdings said fiscal second-quarter revenue grew 48% year-over-year to $449 million, which beat the $435.41 million.

Why SMART Global Holdings Shares Are Falling After Hours

MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SMART Global Holdings, Inc "SGH" today reported financial results for Q2 of fiscal 2022 with 8th consecutive quarter of year-over-year revenue growth

SGH Reports Second Quarter Fiscal 2022 Financial Results

FREMONT, Calif.--(BUSINESS WIRE)---- $SGH #AI--Penguin Solutions is the new brand for IPS that represents all HPC, AI, and IoT/Edge offerings available under IPS that span edge to core to cloud.

New Penguin Solutions Brand Combines Expertise Across Edge, Core and Cloud

NEWARK, Calif.--(BUSINESS WIRE)---- $SGH #DuraFlash--SMART Modular announces the next generation of its DuraFlash ME2 family of SATA SSD products, which includes industry-standard M.2 form factors.

SMART Modular Technologies Announces Next Generation of ME2 Flash

The market reacted badly to the most recent guidance, but there is reason to believe better times are around the corner. The stock is down big after a long decline, but it has also bounced off an important support level, which is a positive sign going forward.

SMART Global Holdings: Expectations Reset Could Be A Good Thing

SMART Global Holdings, Inc. (SGH) closed at $25.77 in the latest trading session, marking a +0.12% move from the prior day.

SMART Global Holdings, Inc. (SGH) Gains But Lags Market: What You Should Know

MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SGH will host its quarterly financial conference call and webcast for second quarter fiscal year 2022 earnings after market close on April 5, 2022.

SGH Announces Second Quarter Fiscal 2022 Financial Conference Call

MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #BoD--SGH today announced that Penny Herscher, a current member of its board of directors, has been unanimously elected chair of its board of directors.

SGH Appoints Penny Herscher Chair of the Board of Directors

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MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SGH announced that it has completed refinancing transactions via a $275 million Term Loan A Facility & $250 million undrawn Revolving Credit Facility.

SGH Announces Refinancing Transactions

Shares tumbled after earnings, but long-term growth opportunity remains strong.

Why Investors Should Look Past the Noise in SMART Global Holdings' Q1 Earnings Report

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2022 is a stock pickers market and the recent dip provides us with some favorable pricing for these winning picks.

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SGH reported record revenue and the 7th consecutive quarter of year over year growth on January 4. All 3 divisions including Memory Solutions, LED Lighting, and Intelligent Platform Solutions, are growing and innovating with specialized and advanced technology solutions for a wide variety of end markets.

SMART Global Holdings - Global Growth In A Variety Of Innovative Technologies

SGH has been on a tear since Mark Adams took the helm and began its systemic transformation from a legacy memory-focused chipmaker to a one-stop-shop innovator (hardware & software) for niche next-gen end-markets like HPC, AI, cloud computing, datacenters, etc.

SMART Global (SGH): A Small-Cap Chip Innovator With Large-Cap Ambitions

SGH is roaring out of the shadows with an ambitious growth strategy that won't remain under the investors' radars for much longer

SMART Global (SGH): The Next-Gen Options Trade You Don't Want To Miss

Despite solid first-quarter results, investors may be overreacting to the company's stock split announcement and revenue outlook.

Why SMART Global Stock Plummeted Today

SMART Global Holdings, Inc. (SGH) CEO Mark Adams on Q1 2022 Results - Earnings Call Transcript

SMART Global Holdings, Inc. (SGH) delivered earnings and revenue surprises of 8.54% and 2.14%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

News for SMART Global Hlds Stock (SGH)