SMART Global Holdings, Inc. (SGH) Tops Q2 EPS by 7c; Guides Q3 Higher
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SMART Global Holdings Reports Second Quarter Fiscal 2021 Financial Results
April 6, 2021 4:01 PM EDTNEWARK, Calif.--(BUSINESS WIRE)-- SMART Global Holdings, Inc. (SGH or the Company) (Nasdaq: SGH), today reported financial results for the second quarter fiscal 2021 ended February 26, 2021.
Second Quarter Fiscal 2021 Highlights:
Net sales of $304.0 million, up 11.8% compared to the year ago quarter. GAAP net income of $5.8 million, or $0.23 per share, compared to a GAAP net loss of $9.7 million or ($0.41) per share in the year ago quarter. Non-GAAP net income of $21.9 million or $0.87 per share, up 71.1% and 67.3%, respectively, compared to the year ago quarter. Adjusted EBITDA of... More