Latest news with #PenguinSolutions
Yahoo
8 hours ago
- Business
- Yahoo
Penguin Solutions Announces Third Quarter Fiscal 2025 Financial Conference Call
MILPITAS, Calif., June 18, 2025--(BUSINESS WIRE)--Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2025 earnings after market close on Tuesday, July 8, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast: PENG Q3 FY25 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing:+1-833-470-1428 (domestic) or +1-404-975-4839 (international), using the access code 305335. Replay Information: An archived version of the webcast will be available on the Penguin Solutions investor relations website for one year after the webcast date at In addition, an audio replay of the call will be accessible for one week after the conference call by dialing +1-866-813-9403 (domestic) or +44 204 525 0658 (international), using the access code 979651. About Penguin Solutions The most exciting technological advancements are also the most challenging for companies to adopt. At Penguin Solutions, we support our customers in achieving their ambitions across our Advanced Computing, Integrated Memory, and Optimized LED business segments. With our expert skills, experience, and partnerships, we turn our customers' most complex challenges into compelling opportunities. For more information, visit View source version on Contacts Investor Contact Suzanne SchmidtInvestor Relations(510) 360-8596ir@ PR Contact Maureen O'LearyPenguin Solutions Corporate Communications(602) 330-6846pr@
Business Wire
12 hours ago
- Business
- Business Wire
Penguin Solutions Announces Third Quarter Fiscal 2025 Financial Conference Call
MILPITAS, Calif.--(BUSINESS WIRE)-- Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2025 earnings after market close on Tuesday, July 8, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast: PENG Q3 FY25 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing: +1-833-470-1428 (domestic) or +1-404-975-4839 (international), using the access code 305335. Replay Information: An archived version of the webcast will be available on the Penguin Solutions investor relations website for one year after the webcast date at In addition, an audio replay of the call will be accessible for one week after the conference call by dialing +1-866-813-9403 (domestic) or +44 204 525 0658 (international), using the access code 979651. About Penguin Solutions The most exciting technological advancements are also the most challenging for companies to adopt. At Penguin Solutions, we support our customers in achieving their ambitions across our Advanced Computing, Integrated Memory, and Optimized LED business segments. With our expert skills, experience, and partnerships, we turn our customers' most complex challenges into compelling opportunities. For more information, visit
Business Wire
2 days ago
- Business
- Business Wire
Penguin Solutions Announces Second Generation Stratus ztC Endurance Fault Tolerant Computing Platforms
MILPITAS, Calif.--(BUSINESS WIRE)-- Penguin Solution s (Nasdaq: PENG) today announced the second generation of its award-winning Stratus ztC Endurance ® platform, its flagship fault tolerant computing platform with seven nines (99.99999%) availability. This new Stratus ztC Endurance family of platforms enables IT teams to ensure the uptime of critical applications and data while consolidating workloads within a highly reliable, manageable, and serviceable IT footprint. Penguin Solutions Stratus ztC Endurance 9110 & 7110 fault tolerant platforms processing power makes them well suited for AI inferencing workloads at the edge delivering high throughput & low latency required by applications such as AI image classification. Share This second-generation introduces an ultra-high-performance model—the Stratus ztC Endurance 9110—with a 46% performance improvement compared to the 7100, and a dense 64-core count to deliver highly reliable, high volume transaction processing within a single platform. The new Stratus ztC Endurance 7110 model provides 18% improvement compared to the 7100. This generation also adds Linux (RHEL 9.4) support in addition to bare metal or virtualized versions of Windows Server and VMware vSphere. This unique combination of high-end performance and Linux support is well suited for industries such as financial services, retail, and manufacturing. The Stratus ztC Endurance 9110 and 7110 platforms' processing power also makes them well suited for AI inferencing workloads at the edge, delivering high throughput and low latency required by applications such as AI image classification. 'These industry-leading high availability and fault tolerant solutions drive greater levels of performance while providing more compute power and faster memory in a single platform, improving customers' total cost of ownership for AI and other applications,' said Pete Manca, president of Advanced Computing for Penguin Solutions. 'Stratus ztC Endurance platforms with their simple to manage, protected modular design, address the uptime challenges of critical applications in the data center and at the edge.' 'Intelligent, predictive fault tolerance and continuous availability is essential for companies looking to shift to digital-first in their business and operations,' said Jennifer Cooke, research director, Edge Trends & Strategies, IDC. 'Edge computing is the foundation for this next step, and Penguin Solutions is an experienced trusted provider and innovator. This second-generation Stratus ztC Endurance platform provides a resilient, high-performance solution for companies looking to power their 'always-on' operations.' The release includes four new models of the Stratus ztC Endurance platform—powered by fifth generation Intel ® Xeon ® processors—and offer an optional 100Gb Ethernet network card to support data- and storage-intensive applications. Stratus ztC Endurance Model 9110: This ultra-high performance model features two Intel Xeon Gold 6548N processors with 32 cores per CPU, 64 cores per compute module, and 5200 Mbps DDR5 memory. Stratus ztC Endurance Model 7110: This high-performance model features two 5520 processors with 28 cores per CPU, and 56 cores per compute module with 4800 Mbps DDR5 memory. Stratus ztC Endurance Model 5110: This mid-range model features two Intel Xeon Silver 4510 processors with 12 cores per CPU, 24 cores per compute module, and 4400 Mbps DDR5 memory. Stratus ztC Endurance Model 3110: This entry-level model comes with a single Intel Xeon Silver 4510 with 12 cores per CPU, 12 cores per compute module, and the same 4400 Mbps memory as the 5110. For more information on this newest generation product family, visit the Stratus ztC Endurance page on the Penguin Solutions website. Note: Seven nines (99.99999%) availability of Stratus ztC Endurance computing platforms is based on specific requirements, including customers must use only parts authorized for Stratus ztC Endurance, maintain an active Penguin Solutions Support contract, and perform all recommended system updates. Penguin Solutions, Stratus, and ztC Endurance are trademarks or registered trademarks owned within the family of companies owned by Penguin Solutions, Inc. All other trademarks are the property of their respective owners. About Penguin Solutions The most exciting technological advancements are also the most challenging for companies to adopt. At Penguin Solutions, we support our customers in achieving their ambitions across our computing, memory, and LED lines of business. With our expert skills, experience, and partnerships, we turn our customers' most complex challenges into compelling opportunities. For more information, visit
Yahoo
27-05-2025
- Business
- Yahoo
Penguin Solutions, Skillz, Zumiez, OneWater, and Utz Shares Are Soaring, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +2.0%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Processors and Graphics Chips company Penguin Solutions (NASDAQ:PENG) jumped 5.1%. Is now the time to buy Penguin Solutions? Access our full analysis report here, it's free. Video Gaming company Skillz (NYSE:SKLZ) jumped 5.1%. Is now the time to buy Skillz? Access our full analysis report here, it's free. Apparel Retailer company Zumiez (NASDAQ:ZUMZ) jumped 5.8%. Is now the time to buy Zumiez? Access our full analysis report here, it's free. Boat & Marine Retailer company OneWater (NASDAQ:ONEW) jumped 7.2%. Is now the time to buy OneWater? Access our full analysis report here, it's free. Shelf-Stable Food company Utz (NYSE:UTZ) jumped 5%. Is now the time to buy Utz? Access our full analysis report here, it's free. OneWater's shares are extremely volatile and have had 50 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 10 months ago when the stock dropped 20.8% on the news that the company reported weak second-quarter 2024 results. Its revenue and EPS missed analysts' expectations, and its full-year earnings forecast fell short of Wall Street's estimates. Notably, revenue declined by 8.7%, mostly due to weaknesses in the New boat segment (sales down 10.4%). Overall, this quarter could have been better. OneWater is down 13.7% since the beginning of the year, and at $14.82 per share, it is trading 52.5% below its 52-week high of $31.18 from June 2024. Investors who bought $1,000 worth of OneWater's shares 5 years ago would now be looking at an investment worth $950.00. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
06-05-2025
- Business
- Business Wire
Penguin Solutions Signs Agreement with CDW Expanding Customer Reach for AI Infrastructure Offerings
MILPITAS, Calif.--(BUSINESS WIRE)-- Penguin Solutions, Inc. (Penguin Solutions, Nasdaq: PENG) today announced a new strategic agreement with CDW, which will make the full portfolio of Penguin Solutions' AI infrastructure offerings available to CDW's customer base. Penguin Solutions' OriginAI ® factory infrastructure solution and its unique set of management software tools and services provide the foundation to design, build, deploy and manage GPU clusters and drive AI success for companies of any size in any industry. The comprehensive suite includes Penguin Solutions' servers, ICE ClusterWare™ management software that controls GPU clusters and peripheral elements from a user-friendly dashboard, along with expert services to optimize processes. Furthermore, Penguin Solutions' software and services interoperate with infrastructure from other providers, delivering critical optionality to end customers. Additionally, CDW can sell the complete solution or individual components -- meaning CDW can leverage Penguin's domain expertise to deliver AI solutions to customers with all levels of IT capabilities and requirements. 'As organizations of all sizes across all industries consider their AI goals, a critical step is simplifying the engagement process—exactly what our comprehensive, flexible OriginAI ® solutions and expert services enable,' said Dave Osborne, SVP of Alliances and Partnerships for Penguin Solutions. 'Aligning with a partner the size and scale of CDW will bring our best-in-class solutions and expertise to a broader customer base. Whether customers have existing AI infrastructure or are just starting out, we're enabling organizations to successfully deploy AI.' 'As we continue to expand our Data and AI practice, Penguin Solutions is an ideal partner that provides the expertise and proven solutions our customers need to succeed in their AI projects,' said Adam Weiss, vice president of financial services for CDW. 'This product suite and the resources the Penguin team provides is especially compelling as it relates to unlocking the many benefits of high-performance computing for CDW customers across the broad spectrum of industries we serve.' AI offerings from Penguin Solutions are built on more than 25 years of HPC experience and 2 billion hours of GPU runtime data across the nearly 100,000 GPUs deployed and managed by Penguin Solutions. The OriginAI ® solution achieves optimized infrastructure availability by leveraging proven reference architectures, predictive analytics and best in class services to reduce implementation risks, accelerate time to value, and enhance performance. Penguin Solutions, OriginAI, and ICE ClusterWare are trademarks or registered trademarks owned within the family of companies owned by Penguin Solutions, Inc. All other trademarks are the property of their respective owners. About Penguin Solutions The most exciting technological advancements are also the most challenging for companies to adopt. At Penguin Solutions, we support our customers in achieving their ambitions across our computing, memory, and LED lines of business. With our expert skills, experience, and partnerships, we turn our customers' most complex challenges into compelling opportunities. For more information, visit
