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Benzinga
Benzinga
Business
Adam Eckert

Why SMART Global Holdings Shares Are Falling After Hours

SMART Global Holdings Inc (NASDAQ:SGH) shares are trading lower in Tuesday's after-hours session after the company reported financial results and issued guidance.

SMART Global Holdings said fiscal second-quarter revenue grew 48% year-over-year to $449 million, which beat the $435.41 million estimate. The company reported quarterly earnings of 87 cents per share, which beat the estimate of 72 cents per share.

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