Loading...
•
Nov 29, 2024
Penguin Solutions Q1 2025 Earnings Report
Reported a strong performance in Q1 fiscal 2025, marked by revenue growth and strategic execution.
Key Takeaways
Penguin Solutions reported a strong first quarter in fiscal year 2025, with a 24.4% increase in net sales compared to the year-ago quarter, driven by a 49% increase in Advanced Computing revenue. The company's GAAP diluted EPS was $0.10, and non-GAAP diluted EPS was $0.49. They affirmed their outlook for the full fiscal year.
Net sales increased by 24.4% year-over-year, reaching $341.102 million.
Advanced Computing revenue grew by 49% compared to the previous year.
GAAP diluted EPS was $0.10, a significant improvement from $(0.23) in the year-ago quarter.
The company affirmed its outlook for the full fiscal year 2025.
Revenue by Segment
Forward Guidance
Penguin Solutions is providing the following financial outlook for fiscal year 2025: Net sales 15% YoY Growth +/- 5%, Gross margin 30% +/- 1%, Operating expenses $335 million +/- $15 million, Diluted earnings per share $0.10 +/- $0.20, Diluted shares 56.3 million.
Positive Outlook
- Net sales are expected to grow by 15% year-over-year, with a potential variance of +/- 5%.
- Gross margin is projected to be around 30%, with a possible fluctuation of +/- 1%.
- Operating expenses are estimated to be $335 million, with a potential range of +/- $15 million.
- Diluted earnings per share are forecasted at $0.10, with a possible variance of +/- $0.20.
- The number of diluted shares is expected to be 56.3 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...