SMART Global shares are trading lower after the company reported worse-than-expected Q4 financial results and issued Q1 EPS and revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
SMART Global Holdings (SGH) reported worse-than-expected Q4 financial results and issued Q1 EPS and revenue guidance below estimates, causing its shares to trade lower.
October 12, 2023 | 8:19 pm
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SMART Global Holdings reported disappointing Q4 results and issued lower Q1 guidance, leading to a drop in its share price.
SMART Global Holdings' worse-than-expected Q4 results and lower Q1 guidance are likely to negatively impact investor sentiment, leading to a decrease in its share price in the short term.
CONFIDENCE 90
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