• GehlotGehlot
        ·07-09 07:24
        $Penguin Solutions, Inc.(PENG)$   $PENG Delivers Blowout Quarter, Raises Full-Year Outlook: • Penguin Solutions ($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%
        115Comment
        Report
      • GehlotGehlot
        ·07-09 07:24
        $Penguin Solutions, Inc.(PENG)$   $PENG Delivers Blowout Quarter, Raises Full-Year Outlook: • Penguin Solutions ($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%
        115Comment
        Report