other material
confidence high
sentiment neutral
materiality 0.15
Penguin Solutions files 8-K/A to correct non-GAAP reconciliation omission of $300k
Penguin Solutions, Inc.
- Amendment corrects omitted 'Other' line item of $300k in non-GAAP gross profit reconciliation.
- Omission affected reconciliation table for both Q4 FY2024 and full year ended Aug 30, 2024.
- Non-GAAP gross profit figure and all other line items remained correct.
- Original earnings press release was furnished Oct 15, 2024; this amendment is procedural.