Earnings call transcript: Penguin Solutions tops Q4 2026 estimates, shares rise
Penguin Solutions exceeded Wall Street expectations in its fiscal fourth quarter, posting adjusted earnings of $1.00 per share and revenue of $567 million. Analysts had forecasted $0.77 per share and $519.9 million in revenue. The company's shares surged 5.12% in after-hours trading, following a 5.77% gain in regular session trading. Strong sales growth and a more bullish outlook for the upcoming fiscal year drove the stock's reaction to the report.
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