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SMART Global Holdings, Inc. (SGH) is a prominent player in the electronic products industry, specializing in memory and computing technology. The company is renowned for its application-specific product development and unwavering support for customers in various sectors, including enterprise, government, and original equipment manufacturer (OEM) markets.
SGH operates through three primary segments:
- Memory Solutions: Under the SMART Modular brand, this segment delivers high-performance, reliable memory solutions. These are achieved through advanced design, development, and packaging of cutting-edge to extended lifecycle products. SMART Modular focuses on creating custom solutions for its diverse clientele, ensuring robust technical support and value-added testing services throughout the design and manufacturing process.
- Intelligent Platform Solutions (IPS): This segment, encompassing the Penguin Solutions and recently acquired Stratus Technologies brands, provides specialized platform solutions and services for high-performance computing. These offerings cater to complex computing needs, ensuring that clients receive tailored solutions to meet demanding and unique requirements.
- Specialty Compute and Storage Solutions: This arm focuses on delivering cutting-edge storage and hybrid solutions that serve a wide array of markets, including computing, networking, communications, storage, mobile, and industrial sectors.
Having served the electronics industry for over 25 years, SMART Modular continues to innovate by closely collaborating with its global OEM customers. This partnership spans from the initial design stage through to manufacturing and supply, ensuring that the solutions developed are of the highest quality and meet the specific needs of the applications they are designed for.
The company's comprehensive product line includes DRAM, flash, and hybrid memory technologies, available in various form factors. SMART Global Holdings' commitment to innovation and customer-centric solutions has solidified its position as a leader in the specialty memory and storage solutions market.
For the latest updates and news about SMART Global Holdings, Inc., visit their official website or follow news sources regularly reporting on the company.
SMART Global Holdings (SGH) announced its participation in two upcoming virtual investor conferences. Management will present at the Barclays Global Technology, Media and Telecommunications Conference on December 7, 2021, at 3:00 p.m. EST, and at the Needham 24th Annual Growth Conference on January 13, 2022, at 2:45 p.m. EST. Webcasts of both events will be accessible via the investor relations section of SGH's website. Interested parties can register for the conferences and arrange one-on-one meetings with SGH management through their representatives at Barclays and Needham & Company.
SMART Wireless Computing, a business of SGH (Nasdaq: SGH), has launched the Inforce 6403, a new system-on-module (SoM) designed for intelligent display devices and AI applications. Powered by the Qualcomm QCS610, the Inforce 6403 supports 4K UltraHD video capabilities and features advanced connectivity options, making it ideal for IoT edge devices like smart cameras and displays. With a compact design, it enables efficient video analytics including face detection and object tracking. Samples will be available for order starting mid-November, priced at
SMART Global Holdings, Inc. (SGH) reported record revenue for Q4 and FY21, with net sales reaching $467.7 million, a 57% increase year-over-year. GAAP EPS surged 160% to $0.78, while non-GAAP EPS climbed 163% to $2.16. For the fiscal year, total net sales were $1.5 billion, a 34% rise, with GAAP EPS of $0.83 compared to a loss last year. The outlook for Q1 FY22 estimates net sales between $440 and $480 million and diluted EPS of $1.20 ± $0.20, reflecting SGH’s growth trajectory.
SMART Global Holdings (NASDAQ: SGH) announced a rebranding to strengthen its identity and align with its operational strategy. This change reflects SGH’s evolution and its acquisition of CreeLED, Inc.. The company now emphasizes a unified purpose: Powering growth. Expanding possibilities. SGH aims to support its individual brands—Penguin Computing, SMART Modular, and Cree LED—under a common set of values. The new branding symbolizes SGH’s commitment to delivering customer value and driving progress in technology and innovation.
SMART Global Holdings (SGH) appointed Penny Herscher to its board of directors and as a member of the Nominating and Governance Committee effective September 24, 2021. Herscher brings over 15 years of experience as a high-tech CEO in Silicon Valley and has served on various public company boards. Her expertise is expected to enhance the board's perspective and support SGH's growth initiatives. CEO Mark Adams expressed optimism regarding her contribution to the company's future strategies.
SMART Global Holdings (SGH) will announce its financial results for Q4 and fiscal year 2021 after market close on October 12, 2021. A conference call and webcast will be held at 1:30 p.m. PDT / 4:30 p.m. EDT to discuss the results and future outlook. The company is focused on high-performance computing, wireless and embedded technologies, and aims to build long-term partnerships across various sectors.
SMART Global Holdings (SGH), listed on Nasdaq, announced participation in two upcoming investor events. The Canaccord Genuity 41st Annual Growth Conference will take place on August 12, 2021, followed by the Rosenblatt Technology Summit: The Age of AI Scaling Conference on August 24, 2021. SGH specializes in electronics for computing, memory, and LED solutions, serving enterprise, government, and OEM sectors with high-quality products and services.
SMART Modular Technologies, a leader in memory solutions, has unveiled new DDR5 modules designed for industrial applications. These modules feature enhanced endurance and stability, supported by rigorous testing processes to ensure reliability at extreme temperatures (-40°C to +85°C). SMART’s DDR5 modules provide twice the performance of DDR4 while improving power efficiency, suited for a range of applications including defense and telecom equipment. The product line includes unbuffered and registered DIMMs in various densities, emphasizing the company’s commitment to high-performance computing.
SMART Global Holdings, Inc. (SGH) announced the pricing of a public offering of 3,000,000 ordinary shares by certain selling shareholders affiliated with Silver Lake at $51.00 per share. The Company will not sell any shares nor receive any proceeds from this offering. Morgan Stanley & Co. LLC is the sole underwriter. The offering is made under an effective shelf registration statement filed with the SEC. Interested investors should consult the prospectus and other relevant documents for detailed information.
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