Penguin Solutions Inc. (PENG) Jumps Over 7% on Record Q4 Results
Penguin Solutions Inc. (PENG) shares surged more than 7% in overnight trading following the release of record fourth-quarter results. The enterprise solutions company reported Q4 revenue of $566.69 million, marking a 68% year-over-year increase and surpassing Wall Street expectations.
Shares of Penguin Solutions Inc. (PENG) closed higher on Tuesday and rose more than 7% in the overnight session after the enterprise solutions company reported record fourth-quarter (Q4) results. 69 million, up 68% year-over-year and above Wall Street expe…