Investing.com - Smart Global reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Smart Global announced earnings per share of $0.80 on revenue of $438M. Analysts polled by Investing.com EPS of $0.65 on revenue of $440M.
Smart Global 's are down 52% and is trading at $16.88 , still down 54.34% from its 52 week high of $37.25 set on Monday, January 3, 2022.
Smart Global shares lost 0.76% to trade at $16.88 in after-hours trade the report.
Smart Global follows other major Information Technology sector earnings this month
Smart Global's report follows an earnings missed by Oracle on Monday, September 12, 2022, who reported EPS of $1.03 on revenue of $11.45B, EPS of $1.07 on revenue of $11.33B.
Accenture had beat expectations on Thursday, September 22, 2022 with fourth quarter EPS of $2.6 on revenue of $15.42B, for EPS of $2.57 on revenue of $15.39B.
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