Penguin Solutions, Inc. (PENG) Reports Q2 Financial Fiscal ResulPenguin Solutions, Inc. (NASDAQ: NASDAQ:PENG ) today reported financial results for the second quarter of fiscal 2025 and announced the planned retirement of Chief Operating Officer (“COO”) and President of Integrated Memory Jack Pacheco.
Second Quarter Fiscal 2025 Highlights
Net sales of $366 million, up 28.3% versus the year-ago quarter
GAAP gross margin of 28.6%, down 20 basis points versus the year-ago quarter
Non-GAAP gross margin of 30.8%, down 70 basis points versus the year-ago quarter
GAAP diluted EPS of $0.09 versus $(0.26) in the year-ago quarter
Non-GAAP diluted EPS of $0.52 versus $0.27 in the year-ago quarter
“We are pleased with the progress we are making in fiscal year 2025,” said Mark Adams, Chief Executive Officer (“CEO”) of Penguin Solutions. “Our results reinforce our capabilities in managing the complexity of AI for our valued customers. Given our strong start to the fiscal year, we are raising the midpoint of our revenue outlook for the full year.”
Despite the commendable results, shares of NASDAQ:PENG are down 5% today albeit the general crypto and stock market landscape are facing extreme selling pressures amidst Donald Trump's Tariffs war with over $1.65 trillion wiped out from US stock market at open today.
The support point has already being broken with eyes set on the 1-month low as the support should selling pressure increased as there is more space for a cool off as hinted by the RSI at 40.
Analyst Forecast
According to 8 analysts, the average rating for PENG stock is "Strong Buy." The 12-month stock price forecast is $24.75, which is an increase of 40.87% from the latest price.
Penguines
Bitcoin UPDATETo here 80% chance. Set take profit there.
There done for the day.
Lets get the golf clubs in the Lambo
& I'll see you on the green.
P.S. EURUSD Down = BTC Up
Also just some hints for today for our day traders : Recommendation: for EURUSD, BTC to follow in a minute
Buy at / above: 1.1338 Targets: 1.1366 --- 1.1398 --- 1.1431 --- 1.1464
Stoploss : 1.1305
Sell at / below: 1.1305 Targets: 1.1278 --- 1.1246 --- 1.1213 --- 1.1180
Stoploss : 1.1338
ETHER Anyone?Ethereum Power Trades for today......
wait for it..............
.............................................
....................................
Recommendation: from yesterday;
Buy at / above: 244.14 Targets: 247.94 --- 251.89 --- 255.87 --- 259.89
Stoploss : 240.25
Sell at / below: 240.25 Targets: 236.51 --- 232.68 --- 228.88 --- 225.11
Stoploss : 244.14
and for Today
Recommendation:
Buy at / above: 248.06 Targets: 251.89 --- 255.87 --- 259.89 --- 263.93
Stoploss : 244.14
Sell at / below: 244.14 Targets: 240.37 --- 236.51 --- 232.68 --- 228.88
Stoploss : 248.06
Up above 250 & 252 some offers on stops there so thats why TP 1 is at 251.89 to be on the safe side, which leaves room for your slippage/dodgy broker manufacturings.
I will set my offer today on the EU at :: 1.1420
and for ETHUSD at 264
just above 252 more offers intraday then a really big level to watch out for is 255.62 : I believe its also some sort of pivot level.
If 250 can break larger funds will may come to the party
Lookout for a Big players with real money at 268.14 now. You'll probably find its like a 61.8 of something, ah its around the 78.6 but the charts starting to look a little messy now.
ok 'Got to go, that cheesecake aint going to eat itself. Oh almost forgot the price of
296.70 is Very important Sell price, but thats for next week. Last month we almost made it there and some plonker came along and dumped Ether for Bitcoin probably. If you were a lucky you would have gone on a buying frenzy at the lower Downside Target 4 zone. If you missed it buy at 240 today, that should do it.
If we could get goldmansox in on this at 240 for tomorrow (hint) yes we know they have a crypto fund manipulation desk, we're on to you lot. Remember the 240 level...go big or go home.
Thats all for now.