Jul. 31 at 5:44 PM
$PENG Outlook and Investment Thesis Reinforcement
Penguin Solutions enters the remainder of fiscal year 2025 with a clear strategic roadmap and optimistic financial guidance, reinforcing its investment thesis as a specialized leader in the burgeoning AI infrastructure market. The company has reaffirmed its full-year Fiscal 2025 revenue outlook for 17% year-over-year growth at the midpoint, with a tightened range of plus or minus two percentage points. This confidence is further underscored by a raised full-year non-GAAP diluted EPS outlook of approximately
$1.80 per share at the midpoint, an increase from the prior
$1.60.
Advanced Computing is expected to grow between 15-25% year-over-year, Integrated Memory is now projected to grow between 25-30% year-over-year (an upward revision)The company anticipates its non-GAAP gross margin for the full year to be 31%, while non-GAAP operating expenses are projected at
$260 million plus or minus
$5 million.
