Gehlot
07-09

$Penguin Solutions, Inc.(PENG)$  

$PENG Delivers Blowout Quarter, Raises Full-Year Outlook:

• Penguin Solutions ($PENG) reported a strong Q3 FY26, beating Wall Street expectations on both revenue and earnings.

• Revenue came in at $478.7 million, well above the $421.4 million consensus estimate, while adjusted EPS reached $0.84 versus the expected $0.56.

• Quarterly net sales climbed 48% year over year to a record high, driven by Integrated Memory revenue, which more than doubled to $275.1 million.

• Management raised its FY26 outlook, now forecasting non-GAAP EPS of $2.60 ± $0.05, ahead of the $2.28 consensus estimate.

• The company also increased its full-year net sales growth forecast to 22% ± 2%, up from its previous guidance of 12% ± 5%.

• AI infrastructure momentum remained strong, with four new customer wins, achievement of NVIDIA AI Factory Specialized Partner status, and continued expansion of the ClusterWareAI platform.



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Penguin Solutions' Q3 Earnings Beat and Shares Rally Sharply
Penguin Solutions released third-quarter earnings, beat net sales and earnings per share estimates, and raised its full-year guidance. After the release of the financial report, the company's share price rose sharply after hours, with the highest increase of 10.83%, recovering the intraday decline and significantly boosting market confidence.
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