What to Expect From SMART Global’s Upcoming Q1 Results?
<p>Deutsche Bank provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/SGH'>SMART Global Holdings, Inc. (NASDAQ:SGH)</a> ahead of the upcoming Q1 results, expecting the company to report Q1 results in line with Street estimates.</p>
<p>However, for Q2, a seasonally slower quarter for the company, the analysts see the company guiding more conservatively given macroeconomic pressures. That said, they expect overall revenue to start recovering by mid-2023, with the key factor to monitor being the sustainability of the IPS business.</p>
<p>While the analysts acknowledge that macro uncertainties have increased, they noted that the company's earnings potential is more resilient than in the past as secular growth in IPS (40% of total revenues) should offset the volatility in Memory and LED.</p>

NASDAQ:SGH