Stratus Technologies posts $162.8M revenue, $368K net income for FY ended Feb 2022; goodwill $142.9M

Penguin Solutions, Inc.

Total revenue $162.8M ($60.2M product, $102.6M service); gross profit $92.0M.
Net income $368K; operating profit $13.2M; interest expense $11.1M.
Total assets $266.3M including goodwill $142.9M and intangible assets $24.7M.
Long-term debt $153.6M; stockholders' equity $31.7M after $50.0M dividend paid during year.
Cash from operations $14.6M; capex $3.1M; cash and equivalents $21.4M at year-end.

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