Penguin Solutions, INC

Market Movers (8-K)

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NASDAQ
Penguin Solutions announced the appointment of Stephen Cumming as its new Senior Vice President and Chief Financial Officer, effective immediately, and provided an outlook for fiscal year 2027.
NASDAQ
Penguin Solutions announced record fourth-quarter and full-year fiscal 2026 results, driven by AI-powered data center demand, and raised its fiscal 2027 outlook.
Capital raise
Better than expected
NASDAQ
Penguin Solutions, Inc. announced the pricing of $650 million in convertible senior notes due 2031, alongside a concurrent exchange of existing convertible notes and a refinancing of its credit agreement.
Capital raise
NASDAQ
Penguin Solutions announced record third quarter fiscal 2026 financial results, driven by strong AI-driven demand, and raised its full-year outlook for net sales and EPS.
Better than expected
NASDAQ
Penguin Solutions announced the departure of its CFO, Nate Olmstead, effective July 8, 2026, with Aaron Johnson appointed as interim CFO, while reaffirming its full-year fiscal 2026 financial outlook.
NASDAQ
Penguin Solutions, Inc. announced the appointment of David Heard, President of Network Infrastructure at Nokia, to its board of directors, effective May 18, 2026.

Quarterly Earnings (10-Q)

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NASDAQ
Penguin Solutions, Inc. announced a significant increase in net sales for the third quarter of fiscal year 2026, primarily driven by robust performance in its Integrated Memory segment, fueled by accelerating AI-driven demand.
Better than expected
NASDAQ
Penguin Solutions announced a significant increase in net income for the second quarter and first six months of fiscal 2026, driven by a substantial gain from an equity investment disposition, despite a decline in overall net sales.
Better than expected
NASDAQ
Penguin Solutions reports a slight revenue increase but lower EPS for Q1 2026, driven by strong Integrated Memory sales, an equity impairment, and ongoing strategic restructuring.
Worse than expected
Capital raise
Delay expected
NASDAQ
Penguin Solutions, Inc. announced a significant financial turnaround for the first nine months of fiscal 2025, driven by robust demand for AI solutions and strategic capital restructuring, even as third-quarter net income declined due to goodwill impairment and higher tax provisions.
Delay expected
Better than expected
Capital raise
NASDAQ
Penguin Solutions announces a 28.3% increase in net sales for the second quarter of 2025, driven by strong performance in its Advanced Computing and Integrated Memory segments.
Better than expected
NASDAQ
Penguin Solutions saw a significant increase in revenue and a return to profitability in the first quarter of fiscal year 2025, driven by strong performance in its Advanced Computing segment.
Better than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Penguin Solutions, Inc. reported a return to profitability in fiscal year 2025, driven by strong demand for AI and HPC solutions and strategic business adjustments.
Capital raise
Better than expected
NASDAQ
Penguin Solutions' fiscal year 2024 results reflect a challenging economic environment with decreased revenue, though strategic shifts and cost management efforts are underway.
Capital raise
Worse than expected

Insider Trading (Form 4)

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NASDAQ
Stephen Cumming, SVP and CFO of Penguin Solutions, Inc., received 33,502 shares of common stock on October 6, 2026.
NASDAQ
Anne Kuykendall, SVP and Chief Legal Officer of Penguin Solutions, Inc., reported multiple transactions in common stock on October 3, 2026.
NASDAQ
Joseph Gates Clark, SVP and Pres, Optimized LED of Penguin Solutions, Inc., reported multiple transactions in common stock on October 3, 2026.
NASDAQ
Kashif Shaikh, President and CEO and a Director of Penguin Solutions, Inc., received 53,927 shares of common stock on September 29, 2026.
NASDAQ
Anne Kuykendall, SVP and Chief Legal Officer of Penguin Solutions, Inc., received 11,555 shares of common stock on September 29, 2026.
NASDAQ
Anthony George Frey, SVP and Chief Revenue Officer of Penguin Solutions, Inc., received 11,555 shares of common stock on September 29, 2026.

Proxy Statements (Def-14A)

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NASDAQ
Penguin Solutions, Inc. has filed a Definitive Proxy Statement with the U.S. Securities and Exchange Commission.
NASDAQ
Penguin Solutions, Inc. announces its 2026 Annual Meeting of Stockholders, highlighting a strategic transformation towards AI infrastructure solutions, strong fiscal 2025 financial performance, and key corporate governance updates.
Capital raise
Better than expected
NASDAQ
Penguin Solutions is proposing a scheme of arrangement to redomicile its parent company from the Cayman Islands to Delaware, aiming to streamline its corporate structure and align with its U.S. operational footprint.
NASDAQ
Penguin Solutions announces plans to redomicile from the Cayman Islands to the United States, aiming to streamline its organizational and regulatory structure.
NASDAQ
Penguin Solutions, Inc. has filed a definitive proxy statement with the SEC.
NASDAQ
Penguin Solutions has released its proxy statement detailing the agenda and procedures for its upcoming 2025 Annual General Meeting of Shareholders.
Capital raise

Schedule 13D - Activist Investments

NASDAQ
SK Telecom's subsidiary, Astra AI Infra LLC, has entered into an agreement to sell its 200,000 convertible preferred shares in Penguin Solutions, Inc. to SHIFTIX1 LLC for $380.3 million.

Schedule 13G - Passive Investments

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NASDAQ
Invesco Ltd. has reported beneficial ownership of 9.0% of Penguin Solutions Inc.'s common stock, totaling 4,553,215 shares.
NASDAQ
FMR LLC and Abigail P. Johnson have filed a Schedule 13G, disclosing beneficial ownership of 12.4% of Penguin Solutions Inc.'s common stock as of June 30, 2026.
NASDAQ
Bank of Nova Scotia has filed a Schedule 13G, reporting beneficial ownership of 8.52% of Penguin Solutions, Inc. common stock as of June 30, 2026.
NASDAQ
FMR LLC, through its subsidiaries, has reported beneficial ownership of 10.6% of Penguin Solutions Inc.'s common stock as of April 30, 2026.
NASDAQ
FMR LLC, through its affiliates, has disclosed beneficial ownership of 9.0% of Penguin Solutions Inc.'s common stock as of March 31, 2026.
NASDAQ
Vanguard Portfolio Management has reported a beneficial ownership of 6.89% in Penguin Solutions Inc., holding 3,623,264 shares as of March 31, 2026.