What to Expect From SMART Global Holdings’ Q2 Results?
<p>Analysts at Deutsche Bank provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/SGH'>SMART Global Holdings, Inc. (NASDAQ:SGH) </a>ahead of the company’s Q2 earnings results, expecting it to post in line to slightly better than expected results and provide a Q3 guide roughly in line with the Street estimates. </p>
<p>Recent data points from OEMs and memory manufacturers depict a solid enterprise and data centers IT spending environment, however, output could still be capped with microelectronics shortages and a tight supply chain representing the biggest risk to the upside in the print. </p>
<p>Looking beyond the near term, the potential of slowing consumer demand in Brazil, continuing supply chain headwinds, and margin pressures seen throughout the technology industry, all introduce a level of uncertainty around the business that the analysts believe will lead to a conservative Q3 guide. </p>
<p>Despite the short-term headwinds, the analysts continue to like the growth opportunities in its Intelligent Platform Solutions (IPS) and remain positive on the current strategy with its memory and LED businesses.</p>

NASDAQ:SGH