SMART Global Holdings, Inc. (SGH) Tops Q4 EPS by 15c, Beats on Revenues; 1Q18 Revenue Outlook Above Consensus

SMART Global Holdings, Inc. (NASDAQ: SGH) reported Q4 EPS of $0.79, $0.15 better than the analyst estimate of $0.64. Revenue for the quarter came in at $223 million versus the consensus estimate of $204.62 million.

GUIDANCE:

SMART Global Holdings, Inc. sees Q1 2018 EPS of $0.66-$0.70, versus the consensus of $0.64. SMART Global Holdings, Inc. sees Q1 2018 revenue of $225-240 million, versus the consensus of $210.5 million.

Fourth Quarter Fiscal 2017 Highlights:

• Net sales of $223.0 million
• Net sales 53% higher than year ago quarter
• GAAP operating income $20.6 million
• GAAP net loss of $(10.2) million
• Adjusted EBITDA of $31.3 million
• GAAP EPS of $(0.48) • GAAP EPS of $(0.49)
• Non-GAAP diluted EPS of $0.79

For earnings history and earnings-related data on SMART Global Holdings, Inc. (SGH) click here.

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