Melvin(@MelvinInvests):Penguin Solutions $PENG just CRUSHED earnings. Revenue came in at $567M vs. $521M expected, EPS was $1.00 vs. $0.77, and its Integrated Memory business grew 158% YoY to $341M. The guidance was even better with FY27 revenue of $2.43B vs. $2.21B expected and EPS of $4.45 vs. $3.38 expected. $PENG is now ripping after hours. Another very bullish datapoint for the memory and AI infrastructure demand we have been tracking.

Melvin

@MelvinInvests

AI Analyst @MilkRoadAI | Finding opportunities across AI, photonics, defense, space, and tech.

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Melvin@MelvinInvests

2026.10.06 20:17

Penguin Solutions $PENG just CRUSHED earnings. Revenue came in at $567M vs. $521M expected, EPS was $1.00 vs. $0.77, and its Integrated Memory business grew 158% YoY to $341M. The guidance was even better with FY27 revenue of $2.43B vs. $2.21B expected and EPS of $4.45 vs. $3.38 expected. $PENG is now ripping after hours. Another very bullish datapoint for the memory and AI infrastructure demand we have been tracking.