Penguin Solutions, Inc. - Ordinary Shares Q4 Adj $0.37 Up From $0.35 YoY, Sales $311.15M Up From $300.58M YoY
Portfolio Pulse from Benzinga Newsdesk
Penguin Solutions, Inc. (NASDAQ:PENG) reported a 5.71% increase in Q4 earnings per share to $0.37 and a 3.52% increase in sales to $311.15 million compared to the same period last year.
October 15, 2024 | 8:10 pm
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POSITIVE IMPACT
Penguin Solutions, Inc. reported a positive Q4 with a 5.71% increase in earnings per share and a 3.52% increase in sales year-over-year.
The increase in both earnings per share and sales indicates a positive financial performance for Penguin Solutions, Inc. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100