SGH Reports H1 Profit Up 12%, Maintains FY26 Outlook

SGH (NYSE: SGH) reported first-half profit up 12% to $1.2B, or 43 cents per share, driven by cost optimization and strong demand in North America and Europe. The company reiterated its full-year 2026 guidance of $4.8B in revenue and $1.05B in profit, reflecting continued momentum in core markets and disciplined expense management. Revenue growth for H1 was 7% year-over-year to $6.8B, with operating income rising 14% to $1.4B.