Penguin Solutions Sees FY25 EPS $1.70 +/- $0.20; 15% YoY Revenue Growth +/- 5%

Benzinga · 10/15 20:12

Business Outlook

As of October 15, 2024, Penguin Solutions is providing the following financial outlook for fiscal year 2025:

 

GAAP

Outlook

Adjustments

Non-GAAP

Outlook

Net sales 15% YoY Growth +/- 5% 15% YoY Growth +/- 5%
Gross margin 30% +/- 1% 2% (A) 32% +/- 1%
Operating expenses $335 million +/- $15 million ($60) million (B)(C) $275 million +/- $15 million
Diluted earnings per share $0.30 +/- $0.20 $1.40 (A)(B)(C)(D) $1.70 +/- $0.20
Diluted shares 56.3 million 56.3 million