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Smart Global Holdings Inc   (SGH)
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    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology


 

Smart Global Holdings Inc

SGH's Financial Statements and Analysis



Smart Global Holdings Inc narrowed second quarter of 2024 net loss per share of $-0.26 compare to net loss per share of $-0.55 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.38 realized in previous quarter.


second quarter of 2024
Earnings Per Share Revenues
$ -0.26 $  284 Mill
$+0.29     $-145M     -33.84 %



Smart Global Holdings Inc 's Revenue fell by -33.84 % in second quarter of 2024 (Mar 01 2024) year on year, to $284 million and advanced by 3.68 % sequentially.


Smart Global Holdings Inc is

More on SGH's Income Statement



Smart Global Holdings Inc 's in thesecond quarter of 2024 recorded net loss of $-13.007 million, an improvement compare to net loss of $-26.786 million in II. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-19.360 million realized in previous quarter.

More on SGH's Growth

Smart Global Holdings Inc Inventories
Inventories declined by -41.31 % to $172.76 million from II. Quarter a year ago, sequentially inventories fell by -17.12 %. In Mar 01 2024 company's net cash and cash equivalents decreased by $-87 million, capital expenditures grew by -12.613-58.74%, to $-5 millions compare to same quarter a year ago

More on SGH's Cash flow Statement


Smart Global Holdings Inc does not pay out common stock dividend.

In trailing twelve-month period Smart Global Holdings Inc earned $ 1.68 cash per share, on a free-cash flow basis .

Book value fell by -1.01 % sequentially to $7.91 per share, -2.08% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value grew to $ 2.09 per share from $ 1.99.

Company repurchased 0.04 million shares or 0.07 % in Mar 01 2024.


More on SGH's Dividends

 Market Capitalization (Millions) 922
 Shares Outstanding (Millions) 52
 Total Debt (Millions $) 741
 Revenue (TTM) (Millions $) 1,104
 Net Income (TTM) (Millions $) -197
 Cash Flow (TTM) (Millions $) 65
 Capital Exp. (TTM) (Millions $) -25
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 1,169




Smart Global Holdings Inc does not pay out common stock dividend.

In trailing twelve-month period Smart Global Holdings Inc had $ 1.68 cash flow per share, on a free-cash flow basis .

Book value fell by -1.01 % sequentially to $7.91 per share, -2.08% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value grew to $ 2.09 per share from $ 1.99.

Company repurchased 0.04 million shares or 0.07 % in Mar 01 2024.


More on SGH's Balance Sheets

 Market Capitalization (Millions) 922
 Shares Outstanding (Millions) 52
 Total Debt (Millions $) 741
 Revenue (TTM) (Millions $) 1,104
 Net Income (TTM) (Millions $) -197
 Cash Flow (TTM) (Millions $) 65
 Capital Exp. (TTM) (Millions $) -25
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 1,169
   


  News about Smart Global Holdings Inc Earnings

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,...

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 suc...

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 sequent...

Smart Global Holdings Inc Experiences Monumental Revenue Dip of 17.125% This Fiscal Period - A Cause for Concern?

Smart Global Holdings Inc. faced significant challenges during the fiscal span ending May 26, 2023, with losses expanding to $-0.50 per share...


Date modified: 2024-04-10T10:19:12+00:00





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