Penguin Solutions, Inc.(PENG) - 2025 Q1 - Quarterly Results

Exhibit 99.1 Press Release FOR IMMEDIATE RELEASE Business Outlook PENGUIN SOLUTIONS REPORTS Q1 FISCAL 2025 FINANCIAL RESULTS Revenue up by 24% vs. Q1 FY24, highlighted by 49% growth in Advanced Computing Milpitas, Calif. – January 8, 2025 – Penguin Solutions, Inc. ("Penguin Solutions," "we," "us," or the "Company") (NASDAQ: PENG) today reported financial results for the first quarter of fiscal 2025. First Quarter Fiscal 2025 Highlights "Our strong performance this quarter, highlighted by a 49% year-over-yea ...