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 anticipated EPS of $0.65 on revenue of $440M.
Smart Global shares are down 52% from the beginning of the year and are trading at $16.88 , down-from-52-week-high.
Smart Global shares lost 0.76% 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, compared to forecasts 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, compared to forecast for EPS of $2.57 on revenue of $15.39B.
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