Penguin Solutions, Inc. (PENG) Q1 Earnings and Revenues Surpass Estimates

Penguin Solutions, Inc. (PENG) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.50%. A quarter ago, it was expected that this company would post earnings of $0.40 per share when it actually produced earnings of $0.37, delivering a surprise of -7.50%.Over the last four quarters, the ...