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SGH reports Q1 adjusted EPS 79c, consensus 57c
The Fly

SGH reports Q1 adjusted EPS 79c, consensus 57c

Reports Q1 revenue $465M, consensus $447.7M. "We are pleased with our financial results for the first quarter of fiscal 2023, highlighted by record non-GAAP gross margins of 27.8%, reflecting our focus on higher quality revenue, combined with the hard work of our dedicated employees," commented CEO Mark Adams. "Looking ahead, we expect to continue to strategically invest in our business while managing our operations in a prudent manner as we navigate a challenging economic environment," concluded Adams.

Published first on TheFly

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