Penguin Solutions Reports Record Q3 Earnings and Raises Full-Year Outlook
Penguin Solutions reported record fiscal third-quarter results with a 48% year-over-year increase in net sales to $479 million. The company raised its full-year revenue growth forecast from 12% to 22%, citing strong demand for AI infrastructure and memory products.
Tickers: $PENG
Topics: AI infrastructure full-year outlook memory products non-GAAP EPS sales growth