On October 7, Penguin Solutions, Inc. rose 9.13% Overnight, with the stock trading at $69.82/share. The move was driven by fiscal Q4 results and fiscal 2027 guidance that both significantly surpassed market expectations.
The company reported Q4 adjusted EPS of $1.00, beating the FactSet estimate of $0.77, while revenue came in at $566.7 million versus an expected $521 million. More importantly, management issued fiscal 2027 adjusted EPS guidance with a midpoint of $4.45, far above the analyst consensus of $3.39. This continues a pattern from July, when the company had already raised its full-year outlook following a Q3 beat driven by AI infrastructure demand. The latest guidance underscores sustained momentum in AI infrastructure and memory solutions, reinforcing the company's high-growth trajectory.
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