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PENG — Penguin Solutions News Story

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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;))

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