SMART Global Holdings(SGH) - 2025 Q1 - Quarterly Results

Exhibit 99.1 Press Release FOR IMMEDIATE RELEASE PENGUIN SOLUTIONS REPORTS Q1 FISCAL 2025 FINANCIAL RESULTS Revenue up by 24% vs. Q1 FY24, highlighted by 49% growth in Advanced Computing "Our strong performance this quarter, highlighted by a 49% year-over-year increase in Advanced Computing revenue, reflects the continued execution of our strategy to support customers navigating the complexities of AI infrastructure implementation," said Mark Adams, CEO of Penguin Solutions. "Our approach as a provider of d ...