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Penguin Solutions (PENG)
NASDAQ:PENG
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Earnings Data
Report Date
Apr 08, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.39Last Year’s EPS
0.27Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 08, 2019
|% Change Since: 0.89%
|Next Earnings Date:Oct 04, 2018
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive sentiment with significant revenue growth, strong performance in the Advanced Computing segment, and strategic partnerships enhancing future prospects. However, challenges remain with supply chain constraints and a decline in LED segment revenue.Company Guidance
In the first quarter of fiscal 2025, Penguin Solutions reported robust financial performance, with revenue reaching $341 million, marking a 24% increase compared to the previous year. The company achieved a non-GAAP earnings per share of $0.49, representing a 108% jump year over year, and a non-GAAP operating income of $41 million, up 53% from the prior year. The non-GAAP operating income margin improved to 12%, a 2.3 percentage point increase year over year. Advanced Computing revenue surged by 49% year over year, contributing 52% to the total company revenue. Integrated Memory saw a 13% rise, representing 28% of total revenue, while Optimized LED experienced a 4% decline. Penguin Solutions affirmed its full-year fiscal 2025 outlook, anticipating a 15% revenue growth year over year, with non-GAAP gross margins expected to be around 32%, and non-GAAP diluted earnings per share projected at approximately $1.50.Strong Revenue Growth
Revenue was $341 million, a 24% increase compared to the same period last year. Non-GAAP earnings per share increased by 108% year over year.
Advanced Computing Segment Success
Advanced Computing revenue was up 49% year over year, representing 52% of total revenue. Strong backlog highlighted by large bookings at both an established hyperscaler and a federal systems integrator.
Strategic Partnerships and Collaborations
Announced partnerships with Dell and SK Telecom, enhancing offerings and market reach.
Innovative Product Development
Investment in research and development, expanding Origin AI offerings, and progress towards releasing an Optical Memory Appliance.
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PENG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PENG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 08, 2025 | $19.13 | $20.65 | +7.95% |
| Oct 15, 2024 | $20.41 | $15.62 | -23.47% |
| Jul 09, 2024 | $23.22 | $29.32 | +26.27% |
| Apr 09, 2024 | $25.92 | $19.68 | -24.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Penguin Solutions (PENG) report earnings?
Penguin Solutions (PENG) is schdueled to report earning on Apr 08, 2025, TBA Not Confirmed.
What is Penguin Solutions (PENG) earnings time?
Penguin Solutions (PENG) earnings time is at Apr 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PENG EPS forecast?
PENG EPS forecast for the fiscal quarter 2025 (Q2) is 0.39.
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