{"id":169145,"date":"2023-01-04T15:28:31","date_gmt":"2023-01-04T15:28:31","guid":{"rendered":"https:\/\/precoinnews.com\/?p=169145"},"modified":"2023-01-04T15:28:31","modified_gmt":"2023-01-04T15:28:31","slug":"smart-global-holdings-adds-4-as-quarterly-earnings-beat-estimates","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/smart-global-holdings-adds-4-as-quarterly-earnings-beat-estimates\/","title":{"rendered":"SMART Global Holdings Adds 4% As Quarterly Earnings Beat Estimates"},"content":{"rendered":"<p> Shares of SMART Global Holdings, Inc. (SGH) are rising more than 4% Wednesday morning after reporting better-than-expected first-quarter earnings.<\/p>\n<p>Profit in the first quarter was $4.99 million or $0.10 per share, lower than $20.03 million or $0.37 per share in the same quarter a year ago.<\/p>\n<p>Excluding one-time ites, earnings were $0.79 per share that beat the average estimate of analysts polled by Thomson-Reuters of $0.57 per share.<\/p>\n<p>Quarterly sales increased 6.3% to 465.48 million.<\/p>\n<p>Looking forwad, the company expects second-quarter sales to be in the range of $410 million-$460 million <\/p>\n<p>Adjused EPS for the quarter is expected to be in the range of $45-$60.<\/p>\n<p>Analysts expect earnings of $0.49 per share on revenue of $432.22 million for the quarter.<\/p>\n<p>SGH, currently at $15.69, has traded in the range of $12.04-$34.72 in the last 1year. <\/p>\n<p>Source: <a href=\"https:\/\/www.rttnews.com\/3335052\/smart-global-holdings-adds-4-as-quarterly-earnings-beat-estimates.aspx?utm_source=rttnews&#038;utm_campaign=stockalerthome\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of SMART Global Holdings, Inc. (SGH)<\/p>\n","protected":false},"author":3,"featured_media":169144,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SMART Global Holdings Adds 4% As Quarterly Earnings Beat Estimates - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/bitcoin\/smart-global-holdings-adds-4-as-quarterly-earnings-beat-estimates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SMART Global Holdings Adds 4% As Quarterly Earnings Beat Estimates - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Shares of SMART Global Holdings, Inc. 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