Penguin Solutions up after Q1 results beat
** Shares of Penguin Solutions PENG.O rise 9.25% to $20.9
in after-hours trading
** Company posts Q1 net sales of $341.1 mln, vs analysts'
avg. est. of $320.6 mln, according to data compiled by LSEG
** Company reports adj. EPS of 49 cents, above est. of 39
cents
** For FY25, PENG expects 15% YoY growth in net sales, plus
or minus 5%
** Stock had risen 1.4% in 2024
(Reporting by Juby Babu in Mexico City)
((Juby.Babu@thomsonreuters.com;))