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Penguin Solutions (PENG)
NASDAQ:PENG
Earnings Data
Report Date
Jun 26, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.32Last Year’s EPS
0.37Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 02, 2025
|% Change Since: -2.27%
|Next Earnings Date:Jun 26, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance in the first half of the year with significant revenue and earnings growth, particularly in the Advanced Computing and Integrated Memory segments. The company raised its full-year outlook, demonstrating confidence in its strategic direction and partnerships. However, challenges remain in the LED segment due to tariffs and flat revenue, and there is an expected decline in the second half revenues. Overall, the positive aspects and growth initiatives outweigh the challenges.Company Guidance
During the Q2 fiscal 2025 earnings call for Penguin Solutions, the company provided updated guidance and key metrics reflecting strong financial performance and strategic advancements. Revenue for the quarter was reported at $366 million, marking a 28% year-over-year increase. The non-GAAP gross margin stood at 30.8%, while non-GAAP operating income reached $49 million, representing an 85% increase from the previous year. The non-GAAP earnings per share were $0.52, up 97% year-over-year. In light of these results, Penguin Solutions raised its full-year fiscal 2025 revenue growth outlook from 15% to 17%, driven by strong performance in the Advanced Computing segment, which saw a 42% year-over-year increase to $200 million. The Integrated Memory segment recorded $105 million in revenue, a 26% increase, and the Optimized LED segment remained flat year-over-year at $60 million. The company emphasized its commitment to its strategic focus on AI infrastructure, leveraging partnerships, and expanding its go-to-market strategy to support long-term growth.Significant Revenue Growth
Penguin Solutions reported a revenue of $366 million for Q2 fiscal 2025, marking a 28% increase compared to the same period last year.
Impressive Non-GAAP Earnings Per Share
The company achieved non-GAAP earnings per share of $0.52, representing a 97% increase year-over-year.
Advanced Computing Segment Success
Advanced Computing revenue reached $200 million, up 42% year-over-year, accounting for 55% of Penguin Solutions' total revenue.
Positive Outlook for Full Year
The company raised its full-year revenue outlook growth from 15% to 17% year-over-year, indicating strong confidence in future performance.
Strong Performance in Integrated Memory
Integrated Memory reported $105 million in revenue, up 26% from the previous year, and represented 29% of total revenue.
Strategic Partnerships and Expansion
Penguin Solutions expanded its market reach through partnerships with companies like Dell and SK Telecom, enhancing growth opportunities.
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
PENG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 02, 2025 | $18.05 | $16.19 | -10.30% |
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% |
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.
FAQ
When does Penguin Solutions (PENG) report earnings?
Penguin Solutions (PENG) is schdueled to report earning on Jun 26, 2025, TBA Not Confirmed.
What is Penguin Solutions (PENG) earnings time?
Penguin Solutions (PENG) earnings time is at Jun 26, 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 (Q3) is 0.32.