Penguin Solutions (PENG) Tops Q3 EPS by 14c, Beats on Revenue

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Go back to Penguin Solutions (PENG) Tops Q3 EPS by 14c, Beats on Revenue

Penguin Solutions Reports Q3 Fiscal 2025 Financial Results

July 8, 2025 4:05 PM EDT

Company raises midpoint of full-year GAAP and Non-GAAP diluted EPS outlook

MILPITAS, Calif.--(BUSINESS WIRE)-- Penguin Solutions, Inc. (Penguin Solutions, we, us, or the Company) (Nasdaq: PENG) today reported financial results for the third quarter of fiscal 2025.

Third Quarter Fiscal 2025 Highlights

Net sales of $324 million, up 7.9% versus the year-ago quarter GAAP gross margin of 29.3%, down 30 basis points versus the year-ago quarter Non-GAAP gross margin of 31.7%, down 60 basis points versus the year-ago quarter GAAP diluted EPS of $(0.01) versus $0.10 in the year-ago... More