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Why Smart Global Holdings Stock Plunged Today

04:10pm, Friday, 13'th Oct 2023
Smart Global fell far short of revenue and earnings expectations with its latest quarter. The company cited "a challenging global economic environment" while selling an 81% interest in its Smart Brazi
The company posts fiscal fourth-quarter net sales $316.7 million, well below analysts' estimates of $375 million.
In the world of semiconductor stocks, all the hype and excitement from 'smart' money as well as retail seems to be headed toward the big names, you know, the usual suspects: firms like Taiwan Semicond
SMART Global Holdings Inc (NASDAQ:SGH) shares toppled in Friday pre-market trading after the company reported a worse-than-expected decline in fourth-quarter revenue and earnings. The computing and m

The 2 Stocks Everyone's Watching Thursday Night

09:45pm, Thursday, 12'th Oct 2023
Markets reversed course midday Thursday to close lower. Dollar General stock jumped after the closing bell on news of a CEO change.
SMART Global Holdings, Inc. (NASDAQ:SGH ) Q4 2023 Earnings Conference Call October 12, 2023 4:30 PM ET Company Participants Suzanne Schmidt - IR Mark Adams - CEO Ken Rizvi - CFO Jack Pacheco - COO Con
SMART Global Holdings, Inc. (SGH) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.80 per share a year ago.
SMART Global Holdings' (SGH) fourth-quarter fiscal 2023 results are likely to reflect strength in Intelligent Platform Solutions.
SGH has been the beneficiary of investor interest in AI plays, which has overshadowed some aspects that deserved more attention. The market is focused on growth due to AI, but it's possible SGH may no
Smart Global Holdings beat on both the top and bottom lines last night, but still lost money. Q4 guidance calls for a small profit, but also envisions the potential for a loss.
SMART Global Holdings NASDAQ: SGH is part of the semiconductor family, a sector that has taken on the spotlight during the past few weeks; the attention to the space was drawn after NVIDIA NASDAQ: N
SMART Global Holdings, Inc. (NASDAQ:SGH ) Q3 2023 Earnings Conference Call June 29, 2023 4:30 PM ET Company Participants Suzanne Schmidt - Investor Relations Mark Adams - Chief Executive Officer Ken R
SMART Global Holdings, Inc. (SGH) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.87 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest

Why Smart Global Stock Was Winning This Week

10:06am, Friday, 16'th Jun 2023
The semiconductor company is selling a majority stake in a Brazilian subsidiary. This will be unloaded for approximately $166 million in cash.
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