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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.
Penguin Solutions
Penguin Solutions
Penguin Solutions Revenue by Segment
Revenue by Segment
Advanced Computing Revenue
CapyFin.comIntegrated Memory Revenue
CapyFin.comOptimized LED Revenue
CapyFin.com 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