Benzinga | Jan 5, 2021 04:06PM EST

SMART Global Holdings Q1 Adj. EPS $0.78 Beats $0.70 Estimate, Sales $291.70M Beat $290.93M Estimate

SMART Global Holdings (NASDAQ:SGH) reported quarterly earnings of $0.78 per share which beat the analyst consensus estimate of $0.70 by 11.43 percent. This is a 41.82 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $291.70 million which beat the analyst consensus estimate of $290.93 million by 0.26 percent. This is a 7.24 percent increase over sales of $272.02 million the same period last year.