Penguin Solutions Inc reports results for the quarter ended November 30 - Earnings Summary

Penguin Solutions

08/01/2025 22:01

* Penguin Solutions Inc  PENG.OQ  reported quarterly
adjusted
earnings of 49 cents​​ per share for the quarter ended November
30, higher than the same quarter last year, when the company
reported EPS of 24 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 39 cents per
share. Wall Street expected results to range from 35 cents to 43
cents per share.
    * Revenue rose 24.4% to $341.10 million from a year ago;
analysts
expected $320.66 million. 
    * Penguin Solutions Inc's reported EPS for the quarter was
10
cents​.
    * The company reported quarterly net income of $5.22
million.
    * Penguin Solutions Inc shares had risen by 3.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
semiconductors peer
group is also "buy"

Wall Street's median 12-month price target for Penguin Solutions
Inc is $25.00 
This summary was machine generated from LSEG data January 8 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2024      0.39           0.49           Beat
 Aug. 31 2024      0.40           0.37           Missed
 May. 31 2024      0.30           0.37           Beat
 Feb. 29 2024      0.25           0.27           Beat