From Barchart:

SMART Global Holdings (NASDAQ:SGH) is set to report its earnings after market close. Last quarter, the company reported revenues of $316.7 million, missing analyst expectations by 15.6%. For this quarter, analysts expect a 40.9% decline in revenue to $275 million, with adjusted earnings at $0.16 per share. SMART missed Wall St’s revenue estimates three times in the last two years. In the semiconductors segment, only Micron Technology has reported results, delivering top-line growth of 15.7% year on year. SMART is up 1.1% heading into earnings with an analyst price target of $26.2. Analysts expect the business to stay the course. For more information, join our paid user research session and receive a $50 Amazon gift card for your opinions. The author has no position in any of the stocks mentioned.



Read more: What To Expect From SMART’s (SGH) Q1 Earnings