SMART Global Holdings, Inc. (SGH) Tops Q3 EPS by 7c, Offers Q4 Guidance

SMART Global Holdings, Inc. (NASDAQ: SGH) reported Q3 EPS of $1.84, $0.07 better than the analyst estimate of $1.77. Revenue for the quarter came in at $335.5 million versus the consensus estimate of $332.28 million.

Business OutlookThe following statements are based upon management's current expectations for the fourth quarter of fiscal 2018 ending August 31, 2018 and include the results of Penguin Computing from the acquisition date of June 8, 2018. As the purchase accounting for this acquisition is still being evaluated, the GAAP forecast does not incorporate any related purchase price adjustments which may affect actual results. These statements are forward-looking and actual results may differ materially. SMART undertakes no obligation to update these statements.

(Street sees Q4 EPS of $1.67 on revenue of $353 million)

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

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