SMART Global Holdings’ Q3 Earnings Preview
<p>Analysts at Deutsche Bank provided their views on <a href='https://financialmodelingprep.com/financial-summary/SGH'>SMART Global Holdings, Inc. (NASDAQ:SGH)</a> ahead of the company’s upcoming Q3 earnings report.</p>
<p>The analysts expect the company to report generally in-line Q3 results and Q4 guidance, on sustained demand trends for enterprise IT and data centers. </p>
<p>The analysts expect output to still be capped by a tight supply chain and see this as the biggest risk to the upside for the quarterly results. That said, in the short term, the analysts are increasingly more cautious about consumer demand trends and a highly degraded macro environment that could lead the company to guide Q4 more conservatively. </p>
<p>Furthermore, the analysts expect margin pressures to remain in place given the unabated inflationary headwinds. Overall, the analysts continue to like the growth opportunities in the Intelligent Platform Solutions (IPS) and remain positive about the company's strategy targeting high-margin, custom solutions in both memory and LED businesses.</p>

NASDAQ:SGH