Market Summary
USD23.81+1.13
Market Closed4.98%
SGH Alerts
SGH Stock Price
SGH RSI Chart
SGH Valuation
SGH Price/Sales (Trailing)
SGH Profitability
SGH Fundamentals
SGH Revenue
SGH Earnings
Price Action
52 Week Range
12.0429.99
(Low)(High)
Last 7 days
1.3%
Last 30 days
-4.8%
Last 90 days
-7.7%
Trailing 12 Months
41.9%
SGH Financial Health
SGH Investor Care
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Net sales
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Latest Insider Trading transactions for SGH
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-23 | Pacheco Jack A | acquired | 53,900 | 10.78 | 5,000 | evp, coo, pres, mem solutions |
2023-08-23 | Pacheco Jack A | sold | -125,375 | 25.075 | -5,000 | evp, coo, pres, mem solutions |
2023-08-21 | Pacheco Jack A | acquired | 22,987 | 9.195 | 2,500 | evp, coo, pres, mem solutions |
2023-08-21 | Pacheco Jack A | sold | -58,913 | 23.5652 | -2,500 | evp, coo, pres, mem solutions |
2023-07-27 | NAYYAR SANDEEP | sold | -257,242 | 26.5966 | -9,672 | - |
2023-07-25 | Clark Joseph Gates | sold | -65,553 | 26.0235 | -2,519 | president, led solutions |
2023-07-20 | Pacheco Jack A | sold (taxes) | -81,536 | 26.00 | -3,136 | evp, coo, pres, mem solutions |
2023-07-20 | Pacheco Jack A | sold | -191,102 | 25.4803 | -7,500 | evp, coo, pres, mem solutions |
2023-07-20 | Kuykendall Anne | sold (taxes) | -40,066 | 26.00 | -1,541 | vp, general counsel |
2023-07-20 | Pacheco Jack A | acquired | 76,887 | 10.2517 | 7,500 | evp, coo, pres, mem solutions |
Which funds bought or sold SGH recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | reduced | -31.64 | 867,000 | 6,626,000 | -% |
2023-09-12 | DAVIDSON KEMPNER CAPITAL MANAGEMENT LP | new | - | 7,247,500 | 7,247,500 | 0.19% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -21.74 | 150,792 | 626,616 | 0.01% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 1.07 | 708,335 | 1,719,220 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -82.1 | -69,054 | 29,758 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 5.72 | 206,000 | 471,000 | -% |
2023-08-16 | GTS SECURITIES LLC | new | - | 233,501 | 233,501 | 0.01% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -16.08 | 6,330,850 | 21,689,800 | 0.01% |
2023-08-15 | Integrated Wealth Concepts LLC | reduced | -13.08 | 121,934 | 384,934 | 0.01% |
2023-08-15 | Parkside Financial Bank & Trust | reduced | -93.36 | -23,538 | 2,960 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
SGH Alerts
Schedule 13G FIlings of Smart Global Holdings
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Jun 09, 2023 | vanguard group inc | 11.24% | 5,513,486 | SC 13G/A | |
| Feb 14, 2023 | ameriprise financial inc | 12.56% | 6,104,637 | SC 13G/A | |
| Feb 13, 2023 | blackrock inc. | 16.8% | 8,255,798 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.57% | 4,714,468 | SC 13G/A | |
| Feb 03, 2023 | state street corp | 5.30% | 2,609,928 | SC 13G/A | |
| Jan 23, 2023 | blackrock inc. | 16.6% | 8,128,978 | SC 13G/A | |
| Feb 14, 2022 | ameriprise financial inc | 11.77% | 2,852,946 | SC 13G/A | |
| Feb 11, 2022 | russell investments group, ltd. | 0.27% | 66,490 | SC 13G/A | |
| Feb 10, 2022 | state street corp | 5.43% | 1,339,438 | SC 13G | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A |
Recent SEC filings of Smart Global Holdings
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 22, 2023 | 4 | Insider Trading | |
| Sep 20, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 25, 2023 | 4 | Insider Trading | |
| Aug 23, 2023 | 4 | Insider Trading | |
| Jul 31, 2023 | 4 | Insider Trading | |
| Jul 27, 2023 | 144 | Notice of Insider Sale Intent | |
| Jul 27, 2023 | 4 | Insider Trading | |
| Jul 25, 2023 | 144 | Notice of Insider Sale Intent | |
| Jul 24, 2023 | 4 | Insider Trading | |
| Jul 24, 2023 | 4 | Insider Trading |
Peers (Alternatives to Smart Global Holdings)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
NVDA | 1.0T | 32.7B | -11.69% | 231.35% | 99.66 | 31.49 | 9.90% | 33.38% |
AVGO | 342.4B | 35.5B | -5.42% | 76.30% | 25.02 | 9.66 | 11.91% | 53.33% |
AMD | 155.3B | 21.9B | -12.09% | 38.42% | -6.2K | 7.1 | 1.39% | -100.80% |
TXN | 145.6B | 18.8B | -5.61% | -0.63% | 18.94 | 7.73 | -3.94% | -10.38% |
INTC | 142.9B | 54.0B | 0.59% | 24.92% | -155.03 | 2.64 | -26.36% | -104.83% |
FSLR | 17.4B | 3.0B | -10.04% | 23.28% | 110.95 | 5.8 | 20.63% | -17.29% |
LSCC | 11.4B | 722.9M | -13.23% | 67.62% | 55.66 | 15.77 | 23.44% | 50.75% |
| MID-CAP | ||||||||
AMKR | 5.5B | 6.9B | -15.73% | 27.00% | 9.48 | 0.8 | 6.33% | -16.28% |
POWI | 4.4B | 514.5M | -8.74% | 16.76% | 48.68 | 8.56 | -28.10% | -51.06% |
| SMALL-CAP | ||||||||
SGH | 1.2B | 1.7B | -4.84% | 41.90% | -45.69 | 0.69 | -7.23% | -137.93% |
ICHR | 880.8M | 1.1B | -13.20% | 14.44% | 39.03 | 0.82 | -8.91% | -64.16% |
AOSL | 819.4M | 691.3M | -4.60% | -8.86% | 66.27 | 1.19 | -11.09% | -97.27% |
CEVA | 465.6M | 122.0M | -7.79% | -27.06% | -14.99 | 3.82 | -9.27% | -3581.39% |
MX | 312.6M | 250.2M | -6.71% | -27.13% | -7.89 | 1.25 | -43.50% | -156.17% |
Smart Global Holdings News
Returns for SGH
Cumulative Returns on SGH
9.8%
5-Year Cumulative Returns
21.8%
3-Year Cumulative Returns
Risks for SGH
What is the probability of a big loss on SGH?
99.6%
Probability that Smart Global Holdings stock will be more than 20% underwater in next one year
75%
Probability that Smart Global Holdings stock will be more than 30% underwater in next one year.
66.2%
Probability that Smart Global Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does SGH drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Smart Global Holdings was unfortunately bought at previous high price.
Drawdowns
Financials for Smart Global Holdings
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -4.4% | 1,716 | 1,795 | 1,815 | 1,819 | 1,849 | 1,825 | 1,679 | 1,501 | 1,330 | 1,174 | 1,142 | 1,122 | 1,104 | 1,058 | 1,090 | 1,212 | 1,308 | 1,407 | 1,417 | 1,289 | 1,138 |
| Gross Profit | -3.5% | 431 | 447 | 449 | 453 | 467 | 437 | 378 | 308 | 247 | 217 | 215 | 216 | 212 | 201 | 207 | 238 | 268 | 303 | 319 | 292 | 257 |
| Operating Expenses | 7.6% | 402 | 374 | 352 | 339 | 349 | 351 | 296 | 253 | 206 | 169 | 172 | 175 | 177 | 168 | 160 | 148 | 145 | 139 | 132 | 121 | 111 |
| S&GA Expenses | 4.9% | 260 | 248 | 239 | 220 | 217 | 207 | 186 | 172 | 149 | 131 | 128 | 123 | 122 | 117 | 111 | 103 | 102 | 98.00 | 92.00 | 85.00 | 73.00 |
| R&D Expenses | 2.1% | 94.00 | 92.00 | 84.00 | 77.00 | 73.00 | 70.00 | 60.00 | 49.00 | 41.00 | 38.00 | 44.00 | 52.00 | 58.00 | 54.00 | 51.00 | 48.00 | 46.00 | 44.00 | 43.00 | 40.00 | 38.00 |
| EBITDA | -100.0% | - | 76.00 | 115 | 132 | 130 | 97.00 | 89.00 | 69.00 | 49.00 | 50.00 | 36.00 | 31.00 | 24.00 | 19.00 | 41.00 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.04* | 0.06* | 0.07* | 0.07* | 0.05* | 0.05* | 0.05* | 0.04* | 0.04* | 0.03* | 0.03* | 0.02* | 0.02* | 0.04* | - | - | - | - | - | - |
| Interest Expenses | -10.7% | -30.59 | -27.64 | -24.10 | -21.17 | -19.71 | -19.65 | -19.55 | -17.60 | -15.83 | -13.88 | -13.66 | -15.00 | -16.30 | -18.21 | -19.33 | -20.72 | -22.37 | -21.46 | -20.42 | -19.14 | -19.06 |
| Earnings Before Taxes | -150.7% | -15.82 | 31.00 | 70.00 | 89.00 | 97.00 | 65.00 | 61.00 | 38.00 | 23.00 | 30.00 | 14.00 | 9.00 | 3.00 | 2.00 | 28.00 | 66.00 | 91.00 | 126 | 152 | 138 | 99.00 |
| EBT Margin | -100.0% | - | 0.02* | 0.04* | 0.05* | 0.05* | 0.04* | 0.04* | 0.03* | 0.02* | 0.03* | 0.01* | 0.01* | 0.00* | 0.00* | 0.03* | - | - | - | - | - | - |
| Net Income | -214.8% | -25.96 | 23.00 | 52.00 | 67.00 | 68.00 | 37.00 | 40.00 | 21.00 | 8.00 | 16.00 | 1.00 | -1.14 | -3.05 | -1.93 | 21.00 | 51.00 | 75.00 | 105 | 129 | 119 | 80.00 |
| Net Income Margin | -100.0% | - | 0.01* | 0.03* | 0.04* | 0.04* | 0.02* | 0.02* | 0.01* | 0.01* | 0.01* | 0.00* | 0.00* | 0.00* | 0.00* | 0.02* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 42.00 | -21.24 | 67.00 | 95.00 | 112 | 87.00 | 106 | 75.00 | 37.00 | 56.00 | 55.00 | 91.00 | 121 | 134 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -3.0% | 1,591 | 1,640 | 1,808 | 1,572 | 1,554 | 1,509 | 1,324 | 1,345 | 1,189 | 821 | 785 | 787 | 792 | 808 | 783 | 704 | 670 | 776 | 771 | 673 | 613 |
| Current Assets | -4.0% | 939 | 978 | 1,122 | 1,152 | 1,168 | 1,132 | 944 | 951 | 806 | 579 | 559 | 557 | 567 | 550 | 532 | 472 | 520 | 621 | 622 | 522 | 495 |
| Cash Equivalents | 6.8% | 401 | 376 | 325 | 363 | 387 | 366 | 233 | 223 | 189 | 140 | 164 | 151 | 132 | 142 | 111 | 98.00 | 126 | 95.00 | 63.00 | 37.00 | 64.00 |
| Inventory | -23.2% | 226 | 294 | 416 | 323 | 365 | 334 | 318 | 364 | 289 | 189 | 147 | 163 | 181 | 161 | 160 | 119 | 133 | 172 | 188 | 221 | 148 |
| Net PPE | 3.5% | 178 | 172 | 165 | 154 | 159 | 149 | 149 | 156 | 153 | 78.00 | 60.00 | 55.00 | 54.00 | 59.00 | 64.00 | 68.00 | 67.00 | 67.00 | 60.00 | 57.00 | 53.00 |
| Goodwill | 0.2% | 183 | 183 | 200 | 74.00 | 75.00 | 73.00 | 72.00 | 74.00 | 73.00 | 73.00 | 72.00 | 74.00 | 73.00 | 78.00 | 80.00 | 81.00 | 45.00 | 46.00 | 46.00 | 45.00 | 1.00 |
| Liabilities | -3.2% | 1,267 | 1,309 | 1,448 | 1,194 | 1,155 | 1,154 | 991 | 1,026 | 912 | 562 | 506 | 505 | 528 | 501 | 511 | 431 | 428 | 526 | 541 | 486 | 447 |
| Current Liabilities | -8.6% | 384 | 420 | 552 | 516 | 525 | 534 | 535 | 584 | 492 | 323 | 283 | 282 | 306 | 277 | 300 | 238 | 233 | 324 | 333 | 296 | 308 |
| LT Debt, Current | 0.3% | 32.00 | 32.00 | 28.00 | 12.00 | 9.00 | 6.00 | 36.00 | 25.00 | - | - | - | - | 1.00 | 2.00 | 23.00 | 24.00 | 19.00 | 15.00 | 10.00 | 27.00 | 22.00 |
| LT Debt, Non Current | -0.9% | 782 | 789 | 797 | 591 | 485 | 484 | 341 | 340 | 338 | 211 | 198 | 196 | 194 | 192 | 177 | 182 | 188 | 195 | 201 | 184 | 137 |
| Shareholder's Equity | -4.0% | 318 | 332 | 359 | 372 | 399 | 355 | 332 | 319 | 277 | 259 | 278 | 282 | 265 | 307 | 272 | 273 | 242 | 250 | 230 | 187 | 166 |
| Retained Earnings | -9.9% | 223 | 248 | 275 | 251 | 231 | 207 | 205 | 185 | 164 | 171 | 166 | 163 | 156 | 155 | 165 | 165 | 159 | 157 | 144 | 112 | 83.00 |
| Additional Paid-In Capital | 3.4% | 432 | 418 | 412 | 448 | 438 | 423 | 412 | 396 | 336 | 320 | 357 | 348 | 342 | 350 | 294 | 286 | 269 | 263 | 258 | 250 | 245 |
| Shares Outstanding | 1.5% | 50.00 | 49.00 | 49.00 | 49.00 | 50.00 | 50.00 | 49.00 | 49.00 | 48.00 | 48.00 | 49.00 | 49.00 | 48.00 | 48.00 | 47.00 | 47.00 | 46.00 | 46.00 | 45.00 | 45.00 | 44.00 |
| Minority Interest | 6.6% | 6.00 | 6.00 | 7.00 | 7.00 | 6.00 | 6.00 | 9.00 | 9.00 | 8.00 | - | - | - | - | - | - | - | - | - | - | - | - |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 5.1% | 88.00 | 84.00 | 16.00 | 105 | 132 | 145 | 133 | 153 | 130 | 95.00 | 98.00 | 87.00 | 111 | 144 | 160 | 170 | 111 | 93.00 | 89.00 | 68.00 | 83.00 |
| Share Based Compensation | -1.3% | 41.00 | 41.00 | 41.00 | 40.00 | 39.00 | 37.00 | 33.00 | 34.00 | 28.00 | 25.00 | 24.00 | 19.00 | 21.00 | 21.00 | 20.00 | 18.00 | 17.00 | 15.00 | 13.00 | 11.00 | 8.00 |
| Cashflow From Investing | -1.4% | -258 | -255 | -249 | -38.97 | -45.81 | -70.38 | -82.93 | -84.18 | -83.71 | -57.40 | -41.55 | -32.04 | -95.99 | -99.00 | -101 | -109 | -79.79 | -77.07 | -75.07 | -67.75 | -25.46 |
| Cashflow From Financing | 2.7% | 183 | 179 | 323 | 74.00 | 110 | 151 | 16.00 | 3.00 | 1.00 | -30.12 | 16.00 | 13.00 | 12.00 | 11.00 | -5.66 | 0.00 | 23.00 | 19.00 | 17.00 | 8.00 | -13.09 |
| Buy Backs | -20.0% | 53.00 | 66.00 | 55.00 | 53.00 | 17.00 | 3.00 | 48.00 | 49.00 | 64.00 | 96.00 | 14.00 | 1.00 | - | - | - | 1.00 | - | - | - | - | - |
SGH Income Statement
2023-05-26Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
May 26, 2023 | May 27, 2022 | May 26, 2023 | May 27, 2022 | |
| Total net sales | $ 383,330 | $ 462,540 | $ 1,277,982 | $ 1,381,655 |
| Total cost of sales | 284,687 | 348,077 | 950,548 | 1,032,278 |
| Gross profit | 98,643 | 114,463 | 327,434 | 349,377 |
| Operating expenses: | ||||
| Research and development | 22,235 | 20,298 | 72,956 | 56,749 |
| Selling, general and administrative | 70,596 | 58,483 | 204,389 | 164,147 |
| Impairment of goodwill | 0 | 0 | 17,558 | 0 |
| Change in fair value of contingent consideration | 14,800 | 124 | 24,900 | 41,324 |
| Other operating (income) expense | (186) | 249 | 6,009 | 249 |
| Total operating expenses | 107,445 | 79,154 | 325,812 | 262,469 |
| Operating income (loss) | (8,802) | 35,309 | 1,622 | 86,908 |
| Non-operating (income) expense: | ||||
| Interest expense, net | 8,059 | 5,110 | 24,102 | 14,678 |
| Other non-operating (income) expense | 514 | 550 | 13,183 | 3,570 |
| Total non-operating (income) expense | 8,573 | 5,660 | 37,285 | 18,248 |
| Income (loss) before taxes | (17,375) | 29,649 | (35,663) | 68,660 |
| Income tax provision | 6,702 | 5,154 | 9,876 | 20,495 |
| Net income (loss) | (24,077) | 24,495 | (45,539) | 48,165 |
| Net income attributable to noncontrolling interest | 378 | 382 | 1,143 | 1,567 |
| Net income (loss) attributable to SGH | $ (24,455) | $ 24,113 | $ (46,682) | $ 46,598 |
| Earnings (loss) per share | ||||
| Basic (in usd per share) | $ (0.50) | $ 0.48 | $ (0.95) | $ 0.94 |
| Diluted (in usd per share) | $ (0.50) | $ 0.44 | $ (0.95) | $ 0.84 |
| Shares used in per share calculations: | ||||
| Basic (in shares) | 49,380 | 50,095 | 49,152 | 49,543 |
| Diluted (in shares) | 49,380 | 54,998 | 49,152 | 55,756 |
| Products | ||||
| Total net sales | $ 325,665 | $ 414,160 | $ 1,089,703 | $ 1,264,378 |
| Total cost of sales | 259,975 | 329,349 | 875,769 | 985,600 |
| Services | ||||
| Total net sales | 57,665 | 48,380 | 188,279 | 117,277 |
| Total cost of sales | $ 24,712 | $ 18,728 | $ 74,779 | $ 46,678 |
SGH Balance Sheet
2023-05-26Consolidated Balance Sheets - USD ($) $ in Thousands | May 26, 2023 | Aug. 26, 2022 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $ 401,275 | $ 363,065 |
| Accounts receivable, net | 243,571 | 410,323 |
| Inventories | 226,051 | 323,084 |
| Other current assets | 68,014 | 55,393 |
| Total current assets | 938,911 | 1,151,865 |
| Property and equipment, net | 177,751 | 153,935 |
| Operating lease right-of-use assets | 77,789 | 77,399 |
| Intangible assets, net | 171,415 | 77,812 |
| Goodwill | 183,089 | 74,009 |
| Other noncurrent assets | 42,233 | 37,044 |
| Total assets | 1,591,188 | 1,572,064 |
| Liabilities and Equity | ||
| Accounts payable and accrued expenses | 210,125 | 413,354 |
| Current debt | 32,253 | 12,025 |
| Acquisition-related contingent consideration | 45,700 | 0 |
| Other current liabilities | 96,227 | 90,161 |
| Total current liabilities | 384,305 | 515,540 |
| Long-term debt | 782,258 | 591,389 |
| Noncurrent operating lease liabilities | 73,421 | 71,754 |
| Other noncurrent liabilities | 27,038 | 14,835 |
| Total liabilities | 1,267,022 | 1,193,518 |
| Commitments and contingencies | ||
| SMART Global Holdings shareholders’ equity: | ||
| Ordinary shares, $0.03 par value; authorized 200,000 shares; 55,159 shares issued and 49,807 outstanding as of May 26, 2023; 52,880 shares issued and 48,604 outstanding as of August 26, 2022 | 1,655 | 1,586 |
| Additional paid-in capital | 432,185 | 448,112 |
| Retained earnings | 223,301 | 251,344 |
| Treasury shares, 5,351 and 4,276 shares held as of May 26, 2023 and August 26, 2022, respectively | (124,659) | (107,776) |
| Accumulated other comprehensive income (loss) | (214,385) | (221,655) |
| Total SGH shareholders’ equity | 318,097 | 371,611 |
| Noncontrolling interest in subsidiary | 6,069 | 6,935 |
| Total equity | 324,166 | 378,546 |
| Total liabilities and equity | $ 1,591,188 | $ 1,572,064 |
About Smart Global Holdings
Mark W. Adams
3930
SMART Global Holdings, Inc. designs and manufactures specialty solutions for the computing, memory, and LED markets in the United states, Brazil, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platforms Solutions, and LED Solutions segments. The company offers dynamic random access memory modules for desktops, notebooks, servers, and smartphones; embedded and removable flash memory products; and flash component products. It also provides supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging. In addition, the company offers Penguin Computing solutions to customers in financial services, energy, government, social media, and education end markets; Penguin Edge solutions to government, telecommunications, health care, smart city, network edge, and industrial applications; and hardware and software products, including solutions based on the Open Compute Project. Further, it provides servers, software, integrated turn-key clusters, enterprise-grade storage, and networking in hardware or cloud-based solutions through Penguin-On-Demand; Open Compute Tundra Extreme Scale products; turn-key storage solutions; and rackmount servers and GPU accelerated computing platforms. Additionally, the company's LED Solutions offers application-optimized LEDs for lighting, video screens, and specialty lighting applications under the CreeLED brand. It sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. The company was formerly known as Saleen Holdings, Inc. and changed its name to SMART Global Holdings, Inc. in August 2014. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Newark, California.