SMART Global Holdings Reports Second Quarter Fiscal 2020 Financial Results
SMART Global Holdings, Inc. - Ordinary Shares (SGH)
Last smart global holdings, inc. - ordinary shares earnings: 4/7 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.smartm.com
Company Research
Source: GlobeNewswire
NEWARK, Calif., April 07, 2020 (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (“SMART” or the “Company”) (NASDAQ: SGH), today reported financial results for the second quarter of fiscal 2020 ended February 28, 2020. Second Quarter Fiscal 2020 Highlights: Net sales of $272.0 millionGAAP net income (loss) of ($9.7) million, or ($0.41) per shareNon-GAAP net income of $12.8 million, or $0.52 per shareAdjusted EBITDA of $22.3 millionIncreased cash and equivalents to $141.9 million “In the second quarter of fiscal 2020, we generated financial results above the midpoint of our guidance range driven by excellent performance from our team members along with better than expected performance from both our Specialty Memory and Brazil businesses,” commented Ajay Shah, Chairman and CEO. “Despite the challenges we all face during the COVID-19 crisis, we remain optimistic about the longer-term positioning of our businesses.” “During the quarter we significantly improved our capital structure t
Show less
Read more
Impact Snapshot
Event Time:
SGH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SGH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SGH alerts
High impacting SMART Global Holdings, Inc. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics