SMART Global Hlds

SMART Global Holdings, Inc. designs and manufactures specialty solutions for the computing, memory, and LED markets. The company specializes in application specific product development and support for customers in enterprise, government and original equipment manufacturer, or OEM, markets. It operates through the following segments: Memory Solutions, Intelligent Platform Solutions (IPS), and LED Solutions. The memory Solutions segment provides performance and reliable memory solutions through the design, development, and advanced packaging to extended lifecycle products. The IPS segment consists of specialized platform solutions for high-performance computing, artificial intelligence, machine learning and advanced modeling for technology research. The LED Solutions segment offers a broad portfolio of application-optimized LEDs focused on improving on lumen density, intensity, efficacy, optical control and reliability. The company was founded in 1988 and is headquartered in Milpitas, CA.

Earnings data Q4 2020

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SMART Global Holdings reports record Q1 revenues, cautious on consumer demand

SMART Global Holdings (SGH) delivered record revenues and strong performance in IPS, while facing challenges in LED Solutions. The company is cautious about uncertain demand in consumer-facing businesses and is focusing on new product development and recurring services.

SMART Global Holdings reports strong Q2 results, eyes growth opportunities

SMART Global Holdings delivered strong Q2 results with record revenues and gross margins. Challenges in LED Solutions and Memory Solutions were noted. The company remains optimistic about future growth prospects and innovation.

SMART Global Holdings reports strong Q3 performance and eyes AI growth

SGH's Q3 performance reflects strength in IPS sales and strategic focus on high-performance enterprise solutions. While facing challenges in forecasting growth and making IPS business more predictable, the company is optimistic about future revenue opportunities in AI and data analytics. By divesting non-core assets, SGH aims to enhance margins and invest in growth areas.

SMART Global Hlds reports $317M in Q4 sales, eyes enterprise growth

SMART Global Holdings is transitioning to an enterprise solutions provider, focusing on high-performance offerings for AI and data analytics markets. Despite challenges in the IPS and Memory segments, the company remains optimistic about long-term growth opportunities and revenue potential.

SMART Global Holdings reports record Q1 performance and eyes growth opportunities

SMART Global Holdings (SGH) delivered a strong Q1 performance with record margins and revenues, supported by a focus on high-performance enterprise solutions. While facing challenges in certain segments, the company is well-positioned for growth with opportunities in IPS revenue expansion and strategic partnerships.

SMART Global Hlds reports solid Q2 results amidst AI growth

SGH's Q2 performance met expectations, with strong revenue figures and a focus on AI solutions. The company faces challenges from seasonality and potential margin impacts.
However, SGH's strengths in AI adoption, LED innovation, and proactive capital allocation position it well for growth. Opportunities in AI deployment and service revenue growth are on the horizon.
Strategic planning to navigate challenges while capitalizing on opportunities will be crucial for SGH's continued success and expansion in the market.

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SMART Global Holdings, Inc. engages in the design and manufacture of enterprise solutions for the computing, memory, and LED markets. It operates through the following segments: Memory Solutions, Intelligent Platform Solutions, and LED Solutions. The Memory Solutions segment provides performance and reliable memory solutions through the design, development, and advanced packaging to extended lifecycle products. The Intelligent Platform Solutions segment consists of platform solutions and services for high-performance computing, artificial intelligence, machine learning, and modeling for technology research. The LED Solutions segment offers a broad portfolio of application-optimized LEDs focused on improving lumen density, intensity, efficacy, optical control, and reliability. The company was founded in 1988 and is headquartered in Milpitas, CA.

SMART Global Holdings, Inc. (SGH) CEO Ajay Shah on Q2 2020 - Earnings Call Transcript

NEWARK, Calif., March  31, 2020  (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (“SMART” or the “company”) (NASDAQ: SGH), today announced that at an Extraordinary General Meeting of its shareholders held on March 30, 2020, the holders of the company’s ordinary shares voted in favor of a proposal to amend and restate its memorandum and articles of association to permit the board of directors to authorize the company to purchase its ordinary shares in such amounts and at such prices and at such time as the company’s board of directors may approve in the future.

SMART Global Holdings’ Shareholders Approve Amendment to Authorize Board to Approve Share Repurchases

Shares drop in response to the news of capital raise and an analyst downgrade. Here's what investors need to know.

Here's Why SMART Global Holdings Stock Is Falling Today

NEWARK, Calif., Feb.  07, 2020  (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (“SMART” or the “Company”) (Nasdaq: SGH), parent company of SMART Modular Technologies, Inc., today announced that there was a scrivener’s error in the Company’s previously issued press release announcing the pricing of its 2.25% convertible senior notes due 2026 (the “Notes”). That release incorrectly stated that the maturity date of the Notes was August 15, 2026, unless earlier converted, redeemed or repurchased. The correct maturity date of the Notes is February 15, 2026.

Correction to Press Release Announcing the Pricing of SMART Global Holdings, Inc.’s 2.25% Convertible Senior Notes due 2026

NEWARK, Calif., Feb.  07, 2020  (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (“SMART” or the “Company”) (Nasdaq: SGH), parent company of SMART Modular Technologies, Inc., today announced the pricing of $220 million in aggregate principal amount of convertible senior notes due 2026 (the “Notes”) to be offered and sold to qualified institutional buyers as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The aggregate principal amount of the offering was increased from the previously announced offering size of $200 million. The Company has granted the initial purchasers an option to purchase up to an additional $30 million principal amount of Notes. The offering is expected to close on or about February 11, 2020, subject to customary closing conditions.

SMART Global Holdings Announces Pricing of Upsized Private Offering of $220 Million Convertible Notes

NEWARK, Calif., Feb.  06, 2020  (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (“SMART” or the “Company”) (Nasdaq: SGH), parent company of SMART Modular Technologies, Inc., today announced that it intends to offer $200 million in aggregate principal amount of convertible senior notes due 2026 (the “Notes”) to qualified institutional buyers as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), subject to market and other conditions. The Company also expects to grant to the initial purchasers of the Notes an option to purchase up to an additional $30 million aggregate principal amount of Notes.

SMART Global Holdings Announces Proposed Private Offering of Convertible Notes

SMART Global Holdings has moved higher as of late, but there could definitely be trouble on the horizon for this company.

SMART Global Holdings is Overbought: Is A Drop Coming?

SMART Global Holdings Inc. is a profitable company with a good record of growth.

SMART Global Holdings: A Value Investing Opportunity

SMART Global Holdings, Inc. (SGH) CEO Ajay Shah on Q1 2020 - Earnings Call Transcript

SMART Global Holdings, Inc. (SGH) CEO Ajay Shah on Q4 2019 - Earnings Call Transcript

NEWARK, Calif., Oct.  03, 2019  (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (“SMART” or the “Company”) (NASDAQ: SGH), today reported financial results for the fourth quarter and full year fiscal 2019 ended August 30, 2019.

SMART Global Holdings Reports Fourth Quarter and Full Year Fiscal 2019 Financial Results

NEWARK, Calif., Sept.  26, 2019  (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (“SMART” or the “Company”) (NASDAQ: SGH), is responding to factual errors, erroneous conclusions and unfounded allegations that have recently been circulated and are affecting the market for our stock over the past few days. While we strongly disagree, we are in a pre-earnings release quiet period and therefore not able to respond fully. We will address these concerns on our earnings call discussed below.

SMART Global Holdings Responds to Inaccurate and Misleading Statements

Investors and analysts gave the company's latest acquisition moves rave reviews.

Why SMART Global Holdings Stock Jumped 32.4% in July

SMART Global Holdings has seen its shares jump 50% in the time frame of just a few weeks.

SMART Global Holdings: Taking Some Profits After A Few Exciting Weeks

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Why Harmonic, SMART Global Holdings, and Noble Jumped Today

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Why SMART Global Holdings Shares Jumped Today

SMART Global Holdings, Inc. (SGH) CEO Ajay Shah on Q3 2019 Results - Earnings Call Transcript

SMART Global Holdings, Inc. (SGH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Earnings Preview: SMART Global Holdings, Inc. (SGH) Q3 Earnings Expected to Decline

SMART stock has lost roughly half its value over the last 12 months, but it's still up roughly 65% over the last three years.

Why SMART Global Holdings Stock Dropped 34.5% in March

Headquartered in Newark, California, SMART Global Holdings designs, manufactures, and supplies electronic subsystems to original equipment manufacturers (OEMs), and engages primarily in the computer, industrial, networking, telecommunications, and aerospace and defense markets.

Bear of the Day: SMART Global Holdings (SGH)

The specialty memory leader's latest quarterly results left the market underwhelmed.

Why SMART Global Holdings Stock Plunged Today

SMART Global Holdings, Inc. (SGH) CEO Ajay Shah on Q2 2019 Results - Earnings Call Transcript

SMART Global Holdings, Inc. (SGH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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