Penguin Solutions rallied 13% after earnings beat
Penguin Solutions rallied 13% after earnings beat
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Penguin Solutions Says Agentic AI Is Creating New Memory Boom
Penguin Solutions, Inc. (NASDAQ: PENG ) stock rose sharply Wednesday after the company beat fourth-quarter expectations and issued a stronger fiscal 2027 outlook. Quarterly revenue of $566.69 million beat the $516.12 million estimate. Adjusted earnings of $1 per share also topped expectations of 78 cents. Management ra