About Penguin Solutions, Inc. - Common Stock (PENG)
Penguin Solutions, Inc. is a technology company specializing in advanced artificial intelligence and machine learning solutions, providing businesses with innovative tools to enhance their data analysis, optimization, and operational capabilities. The company focuses on creating scalable software and hardware platforms that facilitate the development and deployment of AI-driven applications, allowing organizations to harness the power of big data and improve decision-making processes. Through a combination of cutting-edge technologies and expert insights, Penguin Solutions aims to empower its clients to achieve greater efficiency and drive digital transformation across various industries. Read More
Shares of semiconductor maker Penguin Solutions (NASDAQ:PENG) jumped 8.2% in the afternoon session after several Wall Street analysts raised their price targets on the company's stock. The bullish sentiment from Wall Street follows the company's third-quarter earnings report released the previous day. While Penguin Solutions reported a 7.9% year-over-year increase in revenue to $324 million, it slightly missed consensus estimates. However, the company posted a strong beat on non-GAAP earnings per share, surpassing analyst expectations. Buoyed by the solid earnings performance, particularly driven by its AI-related strategy, Penguin Solutions raised its full-year fiscal 2025 non-GAAP EPS guidance.
As the regular session of the US market on Tuesday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
Penguin Solutions, Inc. (“Penguin Solutions,” “we,” “us,” or the “Company”) (Nasdaq: PENG) today reported financial results for the third quarter of fiscal 2025.
Penguin Solutions (PENG) will report its Q3 results on July 8. Analyst expects slight revenue decline but projects growth in Advanced Computing segment.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at processors and graphics chips stocks, starting with Nvidia (NASDAQ:NVDA).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at processors and graphics chips stocks, starting with Lattice Semiconductor (NASDAQ:LSCC).
Let’s dig into the relative performance of Penguin Solutions (NASDAQ:PENG) and its peers as we unravel the now-completed Q1 processors and graphics chips earnings season.
Penguin Solutions, Inc., a Delaware corporation (Nasdaq: PENG) (“Penguin Solutions” or the “Company”) today announced the completion of the redomiciliation process to change the parent company of the Penguin Solutions group of companies from a Cayman Islands company to a Delaware corporation. The redomiciliation was accomplished by way of a Cayman Islands Scheme of Arrangement and was approved by an overwhelming majority of Penguin Solutions’ shareholders at a Scheme Meeting held on June 16, 2025. The Grand Court of the Cayman Islands sanctioned the Scheme on June 25, 2025, and on the same date, the Scheme of Arrangement became effective in accordance with its terms upon the delivery of the Sanction Order to the Cayman Islands Registrar of Companies.
