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News 2026-07-08 15:31 UTC

These Analysts Boost Their Forecasts On Penguin Solutions After Upbeat Q3 Results

Penguin Solutions Inc. (NASDAQ: PENG ) on Tuesday announced better-than-expected third-quarter financial results. Penguin reported adjusted earnings per share of 84 cents, beating the consensus estimate of 54 cents. In addition, it reported revenue of $478.71 million, beating the consensus estimate of $405.53 million.