secwatch.observer — SEC 8-K summary
======================================

Issuer:     Penguin Solutions, Inc. (PENG)
CIK:        0001616533
Form:       8-K
Filed at:   2025-04-02T23:59:59+00:00
Accession:  0001628280-25-016180
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penguin Solutions Q2 revenue up 28% to $366M; raises full-year outlook; COO Pacheco to retire
--------------------------------------------------------------------------------

- Revenue $365.5M, +28.3% YoY; GAAP EPS $0.09, Non-GAAP EPS $0.52 vs $0.27 YoY.
- Advanced Computing $200M, Integrated Memory $105M, Optimized LED $60M.
- Raising midpoint of full-year revenue guidance due to strong first half.
- COO & President of Integrated Memory Jack Pacheco retiring Dec 31, 2025; will become special advisor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616533/000162828025016180/0001628280-25-016180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616533/000162828025016180/peng-20250401.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-016180

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer