Penguin Solutions, Inc. current report, 06 April 2021

SEC Filing Summary: Form 8-K

Business Context and Reporting Period

Company: SMART Global Holdings, Inc. (Note: Input metadata referenced "Penguin Solutions, Inc.", but the filing text identifies the registrant as SMART Global Holdings, Inc.)
Filing Date: April 6, 2021
Reporting Period: Second Quarter of Fiscal 2021
Exchange: NASDAQ Global Select Market (Symbol: SGH)

This Current Report (Form 8-K) announces the issuance of a press release and a conference call regarding the Company's financial results for the second quarter of fiscal 2021.

Key Financial Metrics

The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the attached press release (Exhibit 99.1), which is incorporated by reference but not reproduced in the provided text.

The Company utilizes non-GAAP financial measures in its reporting, with reconciliations to GAAP measures provided in the attached press release.

Material Changes

The filing does not detail specific material changes versus the prior comparable period. It serves solely as a notification that results for the second quarter of fiscal 2021 have been released.

Guidance, Outlook, and Risks

Management Commentary: The Company held a conference call to discuss the results. Specific guidance or outlook statements are not included in the 8-K text itself.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing. The text notes that the non-GAAP information is furnished under Item 2.02 and is not deemed "filed" for purposes of Section 18 of the Exchange Act.

Investor Verification Checklist

  • Verify the specific revenue and net income figures for Q2 Fiscal 2021 in the attached press release (Exhibit 99.1).
  • Review the reconciliation of non-GAAP financial measures to GAAP measures provided in the press release.
  • Confirm the Company's name is SMART Global Holdings, Inc., as the input metadata contained a discrepancy.
  • Check the conference call transcript for management's specific commentary on future guidance and operational risks.