Penguin Solutions Beat Expectations

Penguin Solutions (PENG) reported earnings of $0.44 per share on revenue of $324.25 million for the fiscal third quarter ended May 2025. The consensus earnings estimate was $0.33 per share on revenue of $324.40 million. The Earnings Whisper number was $0.38 per share. The company beat expectations by 15.79%.

The company said it now expects fiscal 2025 non-GAAP earnings of $1.75 to $1.85 per share and continues to expect revenue of $1.34 billion to $1.40 billion. The company's previous guidance was earnings of $1.50 to $1.70 per share and the current consensus earnings estimate is $1.62 per share on revenue of $1.37 billion for the year ending August 31, 2025.