Welcome to our dedicated page for Penguin Solutions news (Ticker: PENG), a resource for investors and traders seeking the latest updates and insights on Penguin Solutions stock.
Penguin Solutions, Inc. (Nasdaq: PENG) generates news across high-performance computing, AI infrastructure, integrated memory, and LED technologies. Company announcements highlight developments in its Advanced Computing, Integrated Memory, and Optimized LED segments, giving investors and technology professionals insight into how Penguin Solutions evolves its product and solution portfolio.
Recent news has included financial results and business outlook updates, where Penguin Solutions reports net sales by segment and discusses its use of GAAP and non-GAAP financial measures. These releases also describe strategic actions such as a stock repurchase authorization approved by the company’s Audit Committee.
In the Advanced Computing area, news items cover the OriginAI solution portfolio and ICE ClusterWare cluster management software. Penguin Solutions has announced support for the latest NVIDIA GPUs within OriginAI architectures and has introduced ICE ClusterWare software 13.0 with features such as anomaly detection, auto-remediation, and network-isolated multi-tenancy to support AI and HPC environments.
Within Integrated Memory, press releases describe SMART Modular DDR5 SODIMM and CSODIMM memory modules and a CXL NV-CMM E3.S 2T non-volatile memory module, aimed at applications such as high-performance computing, industrial and edge systems, telecom, networking, and data centers. In the Optimized LED segment, Cree LED, a Penguin Solutions brand, issues news about LED chips, components, Level 2 PCBA solutions, and partnerships in lighting and horticulture applications.
Visitors to this news page can review company press releases, product introductions, segment updates, and other corporate announcements related to PENG, providing context on Penguin Solutions’ activities in computing, memory, and LED markets.
Penguin Solutions (Nasdaq:PENG) reported record Q3 FY26 results, with net sales of $478.7 million, up 48% year over year. GAAP operating income reached $50.9 million and GAAP diluted EPS was $0.68 versus $(0.01) a year ago.
The company raised its FY26 outlook, now targeting net sales growth of 22% ±2%, GAAP EPS of $1.97 ±$0.05 and non-GAAP EPS of $2.60 ±$0.05, citing strong AI-driven demand in Integrated Memory and AI Infrastructure.
Penguin Solutions (Nasdaq:PENG) announced a new release of its ClusterWareAI AI Factory Platform Operating System Software, aimed at improving AI factory performance, resilience, and operational efficiency.
Key updates include an AI Factory Operations Agent, automated GPU remediation for Kubernetes inference workloads, and expanded hardware-level health monitoring across GPU clusters.
Penguin Solutions (Nasdaq:PENG) has been named an NVIDIA AI Factory Specialized Partner, joining a select group within the NVIDIA Partner Network. The invitation-only designation recognizes Penguin’s expertise designing, deploying, and operating full-stack, NVIDIA-based AI factory infrastructure for enterprises, hyperscalers, sovereign AI initiatives, and neocloud providers.
Penguin’s Full-Stack AI Factory Platform spans power, NVIDIA accelerated processors, servers, networking, storage, models, and applications to support large-scale AI training, inference, and agentic AI workloads.
Penguin Solutions (Nasdaq:PENG) will host its third quarter fiscal 2026 earnings conference call and webcast on Tuesday, July 7, 2026, starting at 1:30 p.m. PT / 4:30 p.m. ET.
Financial results, slides, the live webcast, and a one-year replay will be available via the investor relations website.
Penguin Solutions (Nasdaq:PENG) was named the 2026 Dell Technologies Global Alliances Americas AI Partner of the Year at Dell Technologies World. The award recognizes Penguin’s Full-Stack AI Factory Platforms that integrate infrastructure software, advanced memory, compute, and services with Dell’s AI-optimized infrastructure.
According to Penguin Solutions, its collaboration with Dell and deployments such as Deepgram’s enterprise voice AI environment showcase optimized large-scale inference and agentic AI workloads using technologies like MemoryAI KV Cache Server and ClusterWareAI.
Cree LED (Nasdaq:PENG), a Penguin Solutions brand, introduced its new XLamp XE-B LEDs, an ultra-compact 0.9 × 1.4 mm addition to the XLamp Element family for directional lighting.
The XE-B portfolio offers up to 60% higher intensity than 1 × 1 mm LES LEDs, 1A max current across all colors, and what the company believes is the industry’s largest color range in a single package, with 17 colors plus full white options.
Penguin Solutions (Nasdaq:PENG) announced a CFO transition and reaffirmed its full-year fiscal 2026 outlook. Nate Olmstead will step down as CFO on July 8, 2026, with Aaron Johnson becoming Interim CFO from July 9, 2026. The company expects full-year 2026 net sales and diluted EPS to be at the high end of its prior outlook ranges, supported by strong agentic AI-driven demand across Integrated Memory and AI Infrastructure. The company plans to report third-quarter fiscal 2026 results on July 7, 2026 and has started a search for a permanent CFO.
Penguin Solutions (Nasdaq:PENG) appointed David Heard, President of Network Infrastructure at Nokia (NYSE:NOK), to its board of directors, effective immediately.
Heard’s three decades of leadership in optical networking, infrastructure platforms, and global operations are expected to support Penguin Solutions’ AI Factory Platform and convergence of memory and AI infrastructure.
Penguin Solutions (Nasdaq: PENG) released its 2025 Environmental and Social Sustainability Report outlining progress on energy efficiency, workplace programs, security, and supply‑chain responsibility.
Key highlights include a Net‑Zero Scope 1 and 2 commitment by 2030, SOC 2 attestation in December 2025, global employee experience upgrades, Responsible Business Alliance membership activities, and alignment with GRI and UN SDGs.
Penguin Solutions (Nasdaq: PENG) reported Q2 fiscal 2026 results and raised its full-year outlook on April 1, 2026. Net sales were $342.999 million, down 6% year-over-year. GAAP diluted EPS was $0.58; non-GAAP diluted EPS was $0.52. The company raised FY26 net sales and EPS guidance, citing strong memory demand and five new AI/HPC customers.