[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  TheValueist [@TheValueist](/creator/twitter/TheValueist) on x 1550 followers Created: 2025-07-09 19:20:16 UTC $PENG (Bloomberg) -- (Corrects year-ago net interest expense in the third bullet.) Penguin Solutions Inc. rises as much as 8.3%, the most intraday since May 12, after the technology company raised its year adjusted EPS forecast and posted 3Q profit that topped estimates. Operating expenses as a percentage of net sales were down year-over-year, driven by higher net sales volumes and stable spending levels, CFO Nate Olmstead said on the earnings call Net interest expense declined to $XXXXXXX from $6.2m in the year-earlier period, according to the slideshow (page 24)NOTE: June 26, JPMorgan Leads $XXX Million Refinancing for Penguin Solutions CEO Mark Adams said on the call that management had projected that the investment of AI-powered systems deployed throughout the industry in 2023 and 2024 would lead to growth in full production installs in 2025 and 2026“We are now seeing signs that we have entered the initial stages of that growth,” he said Revenue at the advanced computing division amounted to $132.5mm, down from $145m in the year-earlier period, largely due to the timing of a major deployment at a large hyperscale customer where we recognized the revenue in our second quarter. “We continue to see increased interest at enterprise customers as well as in neo-cloud customer opportunities,” he said Penguin, which markets its products and services to hyperscalers and Fortune XXX companies, has historically sold directly to end customers but is investing in channel partnerships, he said NOTE: The company changed its name from Smart Global last year YEAR FORECAST Sees adjusted EPS $XXXX to $1.85, saw $XXXX to $XXXX THIRD QUARTER RESULTS Adjusted EPS 47c vs. 37c y/y, estimate 32c Net sales $XXXXX million, +7.9% y/y, estimate $XXXXX million (Bloomberg Consensus)Intelligent Platform Solutions net sales $XXXXX million, -XXX% y/y, estimate $XXXXX million LED Solutions net sales $XXXX million, -XXX% y/y, estimate $XXXX million Adjusted Ebitda $XXXX million, +15% y/y, estimate $XXXX million  XXX engagements  **Related Topics** [eps](/topic/eps) [stocks technology](/topic/stocks-technology) [$peng](/topic/$peng) [coins solana ecosystem](/topic/coins-solana-ecosystem) [coins meme](/topic/coins-meme) [Post Link](https://x.com/TheValueist/status/1943027439946383417)
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TheValueist @TheValueist on x 1550 followers
Created: 2025-07-09 19:20:16 UTC
$PENG (Bloomberg) -- (Corrects year-ago net interest expense in the third bullet.) Penguin Solutions Inc. rises as much as 8.3%, the most intraday since May 12, after the technology company raised its year adjusted EPS forecast and posted 3Q profit that topped estimates. Operating expenses as a percentage of net sales were down year-over-year, driven by higher net sales volumes and stable spending levels, CFO Nate Olmstead said on the earnings call Net interest expense declined to $XXXXXXX from $6.2m in the year-earlier period, according to the slideshow (page 24)NOTE: June 26, JPMorgan Leads $XXX Million Refinancing for Penguin Solutions
CEO Mark Adams said on the call that management had projected that the investment of AI-powered systems deployed throughout the industry in 2023 and 2024 would lead to growth in full production installs in 2025 and 2026“We are now seeing signs that we have entered the initial stages of that growth,” he said Revenue at the advanced computing division amounted to $132.5mm, down from $145m in the year-earlier period, largely due to the timing of a major deployment at a large hyperscale customer where we recognized the revenue in our second quarter. “We continue to see increased interest at enterprise customers as well as in neo-cloud customer opportunities,” he said
Penguin, which markets its products and services to hyperscalers and Fortune XXX companies, has historically sold directly to end customers but is investing in channel partnerships, he said NOTE: The company changed its name from Smart Global last year YEAR FORECAST Sees adjusted EPS $XXXX to $1.85, saw $XXXX to $XXXX THIRD QUARTER RESULTS Adjusted EPS 47c vs. 37c y/y, estimate 32c Net sales $XXXXX million, +7.9% y/y, estimate $XXXXX million (Bloomberg Consensus)Intelligent Platform Solutions net sales $XXXXX million, -XXX% y/y, estimate $XXXXX million LED Solutions net sales $XXXX million, -XXX% y/y, estimate $XXXX million
Adjusted Ebitda $XXXX million, +15% y/y, estimate $XXXX million
XXX engagements
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