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Smart Global Holdings Inc   (SGH)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 
Price: $23.8600 $-0.78 -3.166%
Day's High: $24.62 Week Perf: -18.71 %
Day's Low: $ 23.83 30 Day Perf: 1.02 %
Volume (M): 813 52 Wk High: $ 29.81
Volume (M$): $ 19,391 52 Wk Avg: $21.18
Open: $24.56 52 Wk Low: $12.66



 Market Capitalization (Millions $) 1,295
 Shares Outstanding (Millions) 54
 Employees 1,169
 Revenues (TTM) (Millions $) 1,021
 Net Income (TTM) (Millions $) -166
 Cash Flow (TTM) (Millions $) 53
 Capital Exp. (TTM) (Millions $) 16

Smart Global Holdings Inc

We are a global leader in specialty memory solutions, serving the electronics industry for over 25 years. As part of our global business, we have established a leading market position, as measured by market share, in Brazil as the largest in-country manufacturer of memory for desktops, notebooks and servers, as well as mobile memory for smartphones. We also have a leading market position worldwide, as measured by revenue, in specialty memory where we work closely with original equipment manufacturer, or OEM, customers to develop memory solutions, which incorporate customer-specific requirements. We believe our customers rely on us as a strategic supplier due to our customer specific designs, product quality and technical support, our global footprint and, in Brazil, our ability to provide locally manufactured memory products. We also provide customized, integrated supply chain services to certain OEM customers to assist them in the management and execution of their procurement processes. Our global, diversified customer base includes over 250 end customers such as Cisco Systems, Inc., or Cisco, Samsung Electronics Co., Ltd., or Samsung, Hewlett Packard Enterprise, or HPE, Dell Technologies, or Dell, and LG Electronics, or LG.

Memory continues to be critical to system performance. With the growth in mobility, cloud computing and data intensive applications, the importance of and demand for memory continues to increase. Based on industry data, we believe that worldwide demand for DRAM and NAND Flash memory units will increase by over 110% and 350%, respectively, when comparing 2021 to 2016. The increasing diversity of demanding applications requires memory solutions tailored to meet these varying and growing needs. Memory density also continues to increase. We believe that 8Gb die will be the next leading DRAM density, which will drive DRAM bit growth. Based on industry data, we believe 8Gb die will account for 40% of worldwide DRAM bit shipments in 2017, up from 7% in 2015. Based on industry sources, we believe that 8Gb die will grow rapidly in 2018, with 8Gb die accounting for over 45% of worldwide DRAM bit shipments by 2018. Higher memory densities, lower power requirements and increasingly smaller form factors are especially important in mobile and embedded devices, where high performance and lower power consumption are critical.

Stabilization of DRAM market. Industry consolidation, increased capital expenditure requirements, continued technology advancements and the shift in new production from DRAM to NAND have stabilized global DRAM supply and pricing in recent years. Furthermore, based on industry data, we estimate the top three DRAM suppliers to have over 90% of the worldwide market share in 2016. In addition, based on industry reports, we believe an increase in worldwide DRAM demand is being driven by widening applications as usage of DRAM for smartphones is increasing along with worldwide consumption of DRAM for desktops, notebooks and servers. We believe this trend is expected to continue through at least 2021. Continuous advancements in process geometries require significant capital investments, making it difficult for new entrants and for existing suppliers to increase memory supply.

Flash memory market continues to grow. Flash consumption is driven by the growth in demand for smartphones, solid state drives, or SSDs, for notebooks, servers and cloud computing, and other NAND based applications.

Increasing local content requirements in Brazil and other incentives. Local content requirements have been central to the Brazilian regulatory environment since the 1960s. These regulations are aimed at promoting job creation, sustaining economic growth and increasing the competitiveness of various domestic industries, and have helped enable a significant expansion of the Brazilian middle class. Local content requirements have been instrumental in the development of numerous key industries in Brazil, including automotive, oil and gas, aerospace, healthcare and IT. For example, local content regulation in Brazil’s automotive industry has helped the country become the world’s eighth largest automotive market and tenth largest producer of cars and commercial vehicles in 2016, according to the International Organization of Motor Vehicle Manufacturers. Once implemented, Brazil’s local content requirements have been generally maintained or increased over time. In 2012, regulations were passed that require that automotive companies perform certain manufacturing activities in Brazil, and the granting of tax relief is conditioned on the amount of local content applied within the manufacturing process.



   Company Address: c/o Walkers Corporate Limited George Town, Grand Cayman 0
   Company Phone Number: 623-1231   Stock Exchange / Ticker: NASDAQ SGH
   


Customers Net Income grew by SGH's Customers Net Profit Margin grew to

21.47 %

29.63 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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Stocks on the Move

title for the article Smart Global Holdings Strategic Resilience Propels Profitability in Semiconductor Industry

Published Fri, Jul 12 2024 11:47 AM UTC

In the ever-evolving semiconductor industry, Smart Global Holdings Inc. has emerged as a promising player, with its remarkable third-quarter 2024 results earning accolades from investors. Despite facing headwinds, such as a decrease in revenue and challenging market conditions, the company has demonstrated resilience and profitability, sending its stock soaring to a 52-week ...

Smart Global Holdings Inc

Smart Global Holdings Inc. Turns Profitable in Q3 2024, Despite Revenue Decline



Smart Global Holdings Inc, a leading semiconductor company, has released its financial results for the third quarter of 2024. The company witnessed a significant improvement in profitability as it reported a positive EPS of $0.10 per share, compared to a loss of $0.50 per share in the same period the previous year. The company's revenue, however, experienced a decline of 21.763% to $299.91 million. This article will analyze the financial results in detail and provide relevant context to understand the company's performance.
Financial Highlights:
1. EPS Improvement: Smart Global Holdings Inc recorded a turnaround in profits, with EPS increasing to $0.10 per share from a loss of $0.50 per share in the previous year. Additionally, the income per share turned positive from -$0.26 per share in the preceding financial reporting period.

Smart Global Holdings Inc

Smart Global Holdings Inc Faces Significant Revenue Decrease in Q2 2024

Smart Global Holdings Inc, a company in the Semiconductors sector, recently reported its financial results for the most recent fiscal period. The company showed improvement in its loss per share, with a decrease from $-0.55 per share to $-0.26 per share compared to the previous year. Additionally, the EPS improved from $-0.38 per share in the previous reporting period. Despite these improvements, the revenue for the company decreased by -33.842% to $283.93 million from $429.17 million in the similar reporting period a year before. However, sequentially, revenue grew by 3.682% from $273.85 million.
Overall, Smart Global Holdings Inc reported a net loss of $-13.007 million in the most recent fiscal period, which is an improvement from a deficit of $-26.786 million in the similar reporting period a year ago. The company's level of inventories declined to $172.8 million from the previous quarter and relative to the same period a year before. On the other hand, the level of accounts receivable also decreased to $169.7 million, which some analysts believe is due to slowing demand in the market.

Smart Global Holdings Inc

Smart Global Holdings Inc Surpasses Expectations with Impressive Turnaround in Q1 2024



In the highly competitive stock market, the success of companies can fluctuate from quarter to quarter. One such company, Smart Global Holdings Inc, recently disclosed its financial performance for the first quarter of 2024. While the results were a mixed bag, there were several interesting facts worth noting.
Earnings Per Share (EPS):
Smart Global Holdings Inc experienced a significant improvement in its EPS compared to the previous reporting period, with a rise from $-2.74 per share to $-0.38 per share, showcasing the company's ability to enhance its profitability.

Smart Global Holdings Inc

Smart Global Holdings Inc Faces Challenging Fourth Quarter as Revenue Plummets and Concerns Mount

Smart Global Holdings Inc (SGH) has recently released its financial report for the fourth quarter of 2023, which proves to be disastrous for the company. The report shows a major decline in revenue, a significant increase in net loss per share, and a decline in operating earnings. These dismal figures raise concerns among investors and analysts about the future prospects of SGH.
Firstly, the revenue for the fourth quarter of 2023 has declined by a staggering -62.716% to $163.19 million, compared to the corresponding reporting period in the previous year. This sharp decline in revenue indicates a significant downturn in the company's financial performance. Furthermore, the revenue has also tumbled sequentially by -57.429% from $383.33 million in the previous reporting period. Such a steep decline in revenue raises doubts about the company's ability to generate steady income and sustain its operations.






 

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