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These Analysts Increase Their Forecasts On Penguin Solutions After Better-Than-Expected Q3 Earnings
Penguin Solutions, Inc.Penguin Solutions, Inc.(US:PENG) Benzinga·2025-07-10 01:40

Penguin Solutions Inc. PENG reported upbeat earnings for the third quarter, while sales missed estimates on Tuesday.Penguin Solutions posted adjusted earnings of 47 cents per share, beating market estimates of 33 cents per share. The company's quarterly sales came in at 324.25millionversusexpectationsof324.25 million versus expectations of 328.81 million.The company raised its FY2025 adjusted EPS guidance from 1.50−1.50-1.70 to 1.75−1.75-1.85, but narrowed its sales forecast from 1.33billion−1.33 billion-1.41 billion to 1.35billion−1.35 billion-1.39 billion.“We d ...