Penguin Solutions, Inc. (PENG) Q4 2024 Earnings Call Transcript

Oct. 15, 2024 7:35 PM ETPenguin Solutions, Inc. (PENG) Stock
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Q4: 2024-10-15 Earnings Summary

EPS of $0.37 misses by $0.03 | Revenue of $311.15M (-1.74% Y/Y) misses by $13.85M

Penguin Solutions, Inc. (NASDAQ:PENG) Q4 2024 Results Conference Call October 15, 2024 4:30 PM ET

Company Participants

Suzanne Schmidt - Investor Relations
Mark Adams - Chief Executive Officer
Jack Pacheco - Chief Operating Officer
Nate Olmstead - Chief Financial Officer

Conference Call Participants

Nick Doyle - Needham
Brian Chin - Stifel
Kevin Cassidy - Rosenblatt Securities
Ananda Baruah - Loop Capital

Operator

Welcome to the Penguin Solutions Fourth Quarter and Full Year Fiscal 2024 Earnings Conference Call. I would now like to pass the conference over to our host, Suzanne Schmidt of Investor Relations. Suzanne, you may proceed.

Suzanne Schmidt

Thank you, Operator.

Good afternoon and thank you for joining us on today's earnings conference call and webcast to discuss Penguin Solutions fourth quarter and full year fiscal 2024 results. On the call today are Mark Adams, Chief Executive Officer; Jack Pacheco, Chief Operating Officer and Nate Olmstead, Chief Financial Officer. You can find the accompanying slide presentation and press release for this call on the Investor Relations section of our website.

We encourage you to go to the site throughout the quarter for the most current information on the company. I would also like to remind everyone to read the note on the use of forward-looking statements that is included in the press release and the earnings call presentation.

Please note that during this conference call, the company will make projections and forward-looking statements, including, but not limited to, statements about the Company's growth trajectory and financial outlook.

Forward-looking statements are based on current beliefs and assumptions and are not guarantees of future performance and are subject to risks and uncertainties, including without limitation, the risks and uncertainties reflected in the press release and the earnings call presentation filed today, as well as in the company's most recent annual and quarterly reports.

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