Stock Track | Penguin Solutions Stock Soars 9.25% After-Hours as Q1 Revenue and Earnings Beat Expectations, Strong FY25 Outlook

Stock Track01-09 05:32

Shares of Penguin Solutions, Inc. (NASDAQ: PENG) surged 9.25% in after-hours trading on Wednesday following the company's impressive first-quarter 2025 results. Penguin Solutions exceeded analysts' expectations on both the top and bottom lines, boosted by strong performance across its Advanced Computing, Integrated Memory, and Optimized LED business segments.

For the quarter ended November 29, 2024, Penguin Solutions reported net sales of $341.1 million, surpassing the consensus estimate of $320.6 million. Adjusted earnings per share came in at $0.49, significantly higher than the forecasted $0.39. The company attributed the strong results to robust demand across its product portfolio and operational efficiencies.

Looking ahead, Penguin Solutions provided an optimistic outlook for fiscal year 2025, guiding for a 15% year-over-year increase in net sales, plus or minus 5%. This bullish guidance, combined with the better-than-anticipated Q1 performance, fueled investor enthusiasm and drove the stock's after-hours surge.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1100583637?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-09 05:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1100583637","market":"us","top_or_hot":-1,"title":"Stock Track | Penguin Solutions Stock Soars 9.25% After-Hours as Q1 Revenue and Earnings Beat Expectations, Strong FY25 Outlook","media":"Stock Track","content":"<p>Shares of Penguin Solutions, Inc. (NASDAQ: PENG) surged 9.25% in after-hours trading on Wednesday following the company's impressive first-quarter 2025 results. Penguin Solutions exceeded analysts' expectations on both the top and bottom lines, boosted by strong performance across its Advanced Computing, Integrated Memory, and Optimized LED business segments.</p>\n\n<p>For the quarter ended November 29, 2024, Penguin Solutions reported net sales of $341.1 million, surpassing the consensus estimate of $320.6 million. Adjusted earnings per share came in at $0.49, significantly higher than the forecasted $0.39. The company attributed the strong results to robust demand across its product portfolio and operational efficiencies.</p>\n\n<p>Looking ahead, Penguin Solutions provided an optimistic outlook for fiscal year 2025, guiding for a 15% year-over-year increase in net sales, plus or minus 5%. This bullish guidance, combined with the better-than-anticipated Q1 performance, fueled investor enthusiasm and drove the stock's after-hours surge.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Penguin Solutions Stock Soars 9.25% After-Hours as Q1 Revenue and Earnings Beat Expectations, Strong FY25 Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Penguin Solutions Stock Soars 9.25% After-Hours as Q1 Revenue and Earnings Beat Expectations, Strong FY25 Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n2025-01-09 05:32 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Penguin Solutions, Inc. (NASDAQ: PENG) surged 9.25% in after-hours trading on Wednesday following the company's impressive first-quarter 2025 results. Penguin Solutions exceeded analysts' ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PENG","symbol_name":"Penguin Solutions, Inc.","start_time":0,"source_url":"","article_id":"1100583637","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1100583637","pubTimestamp":1736371978,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Penguin Solutions, Inc.  surged 9.25% in after-hours trading on Wednesday following the company's impressive first-quarter 2025 results. Penguin Solutions exceeded analysts' expectations on both the top and bottom lines, boosted by strong performance across its Advanced Computing, Integrated Memory, and Optimized LED business segments.For the quarter ended November 29, 2024, Penguin Solutions reported net sales of $341.1 million, surpassing the consensus estimate of $320.6 million. Adj","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PENG":"Penguin Solutions, Inc."},"translate_title":"股票轨迹企鹅解决方案股价盘后飙升9.25%，第一季度收入和盈利超出预期，2025财年前景强劲","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PENG":1},"content_text":"Shares of Penguin Solutions, Inc. (NASDAQ: PENG) surged 9.25% in after-hours trading on Wednesday following the company's impressive first-quarter 2025 results. Penguin Solutions exceeded analysts' expectations on both the top and bottom lines, boosted by strong performance across its Advanced Computing, Integrated Memory, and Optimized LED business segments.\nFor the quarter ended November 29, 2024, Penguin Solutions reported net sales of $341.1 million, surpassing the consensus estimate of $320.6 million. Adjusted earnings per share came in at $0.49, significantly higher than the forecasted $0.39. The company attributed the strong results to robust demand across its product portfolio and operational efficiencies.\nLooking ahead, Penguin Solutions provided an optimistic outlook for fiscal year 2025, guiding for a 15% year-over-year increase in net sales, plus or minus 5%. This bullish guidance, combined with the better-than-anticipated Q1 performance, fueled investor enthusiasm and drove the stock's after-hours surge.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.0","shortVersion":"4.30.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1100583637"}