---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-028472"
form_type: "8-K/A"
ticker: "PENG"
cik: "0001616533"
company_name: "Penguin Solutions, Inc."
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T07:00:44.697649+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-22-028472
- form_type: 8-K/A
- ticker: PENG
- cik: 0001616533
- company_name: Penguin Solutions, Inc.
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616533/000162828022028472/0001628280-22-028472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616533/000162828022028472/sgh-20220826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-028472
- JSON: https://secwatch.observer/filing/0001628280-22-028472.json
- Plain text: https://secwatch.observer/filing/0001628280-22-028472.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.