Smart Modular Technologies gained 59 cents, or 12.2%, to $5.42 in the premarket session after the company posted a fiscal first-quarter profit of 7 cents a share, thrashing the Thomson Reuters average approximation by 2 cents. Revenue of $123.1 million was also over consensus targets. Smart Modular also offered earnings and income leadership for its fiscal second quarter that is above the Street’s view. The 50-day average daily volume for Smart Modular is 501,000.

Last Trade: 6.59
Trade Time: Dec 24
Prev Close: 6.59
Open: N/A
Day’s Range: N/A – N/A
52wk Range: 0.99 – 6.75
Volume: 0
Avg Vol (3m): 629,765
Market Cap: 408.40M

About SMART Modular Technologies (WWH) Inc.

SMART Modular Technologies (WWH), Inc. (SMART), is a designer, manufacturer and supplier of subsystems primarily to original equipment manufacturers (OEMs). The Company’s subsystem products include memory modules, solid state storage products, such as embedded flash and solid state drives (SSDs), embedded computing products, and display products, such as thin film transistor- liquid crystal display (TFT-LCD) products. SMART offers these products to customers worldwide. It also offers custom supply chain services including procurement, logistics, inventory management, temporary warehousing, kitting and packaging services. Its products and services are used for a variety of applications in the computing, networking, communications, printer, storage, defense and industrial markets worldwide. The Company operates in two business segments: the Memory, Display & Embedded Segment and the Adtron Segment.