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Overview of SMART Global Holdings, Inc. (SGH)
SMART Global Holdings, Inc. is synonymous with extensive expertise in specialty memory, storage, and hybrid technology solutions, positioning itself as an invaluable partner for original equipment manufacturers in the electronics industry. With over 25 years of proven experience, the company excels in delivering innovative memory solutions, advanced storage technologies, and versatile hybrid modules that address the evolving demands of computing, networking, communications, and industrial applications.
Core Business Capabilities and Technology Solutions
At its core, SMART Global Holdings has built a portfolio that spans a wide spectrum of memory and storage solutions. The company combines technical design expertise with comprehensive manufacturing and supply chain processes to create robust memory and storage products. Its product line includes dynamic random access memory (DRAM), flash memory, and hybrid memory solutions available in multiple form factors to meet diverse customer requirements. Through a dedication to customer-specific design and engineering support, the company effectively integrates cutting edge semiconductor technology with precision manufacturing standards.
Customer Collaboration and Integrated Solutions
SMART Global Holdings collaborates closely with a broad spectrum of OEM customers. These partnerships enable the company to fine-tune its products to match exacting technical specifications found in high-end computing systems, communications equipment, and industrial applications. By involving expert teams at every stage—from initial design to final testing—the company ensures that every solution is optimized for both performance and reliability. This integrated approach not only enhances the overall product quality but also reinforces the company's position as a trusted strategic partner in the global electronics market.
Market Position and Competitive Landscape
Within the competitive landscape of the electronics industry, SMART Global Holdings stands out due to its unwavering commitment to innovation and excellence. The company has carved out a niche by offering in-depth, customer-specific technical support and value-added testing services that ensure superior end-product performance. This commitment has allowed the company to secure long-standing relationships with global OEMs who demand reliability, tailored solutions, and flexible design capabilities across multiple segments including computing, networking, storage, and mobile platforms.
Manufacturing Excellence and Quality Assurance
Quality is a cornerstone of SMART Global Holdings' operations. Utilizing advanced manufacturing processes and comprehensive testing regimes, the company not only meets but exceeds industry standards. Expert engineers and quality assurance professionals work collaboratively to deliver products that reliably perform under demanding conditions. These rigorous quality measures have bolstered the company’s reputation as an authority in crafting memory solutions that are both robust and innovative.
Engineering Innovation and Industry Expertise
Innovation remains at the forefront of SMART Global Holdings' strategic outlook. Leveraging decades of expertise, the company continually refines its technology to address new challenges in the dynamic field of electronics. Its emphasis on customer-specific design, technical support, and rigorous testing highlights a commitment to both comprehensive quality and innovation. By integrating emerging trends in semiconductor and micro-electronics technology, SMART Global Holdings has maintained a strong industry presence that is engineered to serve the sophisticated requirements of a global market.
Integrated Business Model and Global Reach
Embodying a multifaceted business model, SMART Global Holdings exemplifies how technological innovation and customer-centric processes can be combined to deliver superior solutions in specialty memory and storage. The company’s operations include end-to-end services that span the initial design phase, through prototyping and production, to final quality validation. This comprehensive service offering enables it to function as a single point of contact for clients seeking streamlined, high-performance memory and storage solutions, further reinforcing its authority within the electronics supply chain. Its global footprint reflects a vast network of partnerships and an in-depth understanding of regional market dynamics, making it a key participant in the fast-evolving electronics ecosystem.
Understanding the Company's Value Proposition
SMART Global Holdings distinguishes itself through a combination of deep engineering expertise, robust technical support, and a commitment to quality and innovation. The company’s value proposition lies in its ability to translate complex design requirements into scalable, reliable memory and storage solutions that cater to the specific needs of diverse industries. Its extensive experience has cultivated a reputation for precision and adaptability, ensuring that its offerings remain at the forefront of the rapidly changing technology landscape.
Conclusion
In summary, SMART Global Holdings, Inc. is a comprehensive provider of specialty memory, storage, and hybrid solutions that serve a broad array of industries worldwide. By combining advanced technological capabilities with customized design support and rigorous quality assurance, the company continues to reinforce its stature as a trusted partner in the electronics industry. The emphasis on collaboration, innovation, and manufacturing excellence underlines a deep commitment to operational integrity and technical superiority—a hallmark of its market significance and competitive positioning.
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.
SMART Global Holdings (SGH) has announced a proposed underwritten public offering of 3,000,000 ordinary shares, initiated by certain selling shareholders affiliated with Silver Lake. The Company will not sell any shares nor will it receive proceeds from this offering. Morgan Stanley & Co. LLC will act as the sole underwriter. The offering is made under an effective shelf registration statement filed with the SEC on September 20, 2018. Full details will be available in the prospectus supplement and accompanying prospectus.
SMART Global Holdings (SGH) reported Q3 fiscal 2021 financial results, showcasing net sales of $437.7 million, a 56% increase year-over-year. However, the company posted a GAAP net loss of $7.2 million or ($0.30 per diluted share), contrasting with a profit of $0.8 million last year. On a non-GAAP basis, net income surged 107.6% to $35.5 million, equating to $1.39 per diluted share. The company expects net sales between $440 to $480 million for Q4, with diluted EPS guidance of $0.95 ± $0.15.
SMART Global Holdings (SGH) plans to announce its financial results for Q3 FY21 on July 6, 2021, after market close. A conference call will take place at 1:30 p.m. PT / 4:30 p.m. ET to discuss these results and provide insights into the company's future business outlook. Participants can listen by calling 844-912-3896 (domestic) or 236-714-3344 (international). The earnings call will also be available via a live webcast and an archived version will be accessible on the SGH investor relations website for one year.
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