secwatch.observer — SEC 8-K summary
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Issuer:     Penguin Solutions, Inc. (PENG)
CIK:        0001616533
Form:       8-K
Filed at:   2025-01-08T23:59:59+00:00
Accession:  0001628280-25-000939
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penguin Solutions Q1 FY2025 revenue up 24% to $341M; Non-GAAP EPS $0.49
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- GAAP diluted EPS $0.10 vs ($0.23) YoY; Non-GAAP diluted EPS $0.49 vs $0.24 YoY.
- Advanced Computing revenue surged 49% YoY to $177.4M, driving total sales of $341.1M.
- GAAP gross margin 28.7% (down 150 bps); Non-GAAP gross margin 30.8% (down 250 bps).
- Company affirms full fiscal year 2025 outlook based on strong start.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616533/000162828025000939/0001628280-25-000939-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616533/000162828025000939/peng-20250108.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-000939

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