From Nasdaq:

SMART Global Holdings, Inc. SGH is scheduled to report first-quarter fiscal 2024 results on Jan 9. The company expects revenues between $250 million and $300 million. Earnings are anticipated to be between 0 and 30 cents per share. The company has a trailing four-quarter earnings surprise of 25.3%, on average.

Smart Global’s strong momentum across its Intelligent Platform Solutions segment is likely to have contributed well to its top-line growth in the fiscal first quarter. The growing capabilities of Penguin Solutions in high-performance computing and AI cluster management fields might have boosted its adoption rate further. The company, however, faces challenges due to a weakening momentum across memory and LED solutions.

Alphabet (GOOGL), Amazon (AMZN) and Expedia Group (EXPE) are worth considering, as the model shows the right combination of elements to beat on earnings this reporting cycle.

The is a marketing disclosure that shows the author’s opinion and not that of Nasdaq, Inc.



Read more: SMART Global (SGH) to Post Q1 Earnings: What’s in the Cards?