Penguin Solutions Files Q2 2025 10-Q
Ticker: PENG · Form: 10-Q · Filed: Apr 2, 2025 · CIK: 1616533
| Field | Detail |
|---|---|
| Company | Penguin Solutions, Inc. (PENG) |
| Form Type | 10-Q |
| Filed Date | Apr 2, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, semiconductors, financials
TL;DR
Penguin Solutions (fka SMART Global) dropped its Q2 2025 10-Q. Check financials for product/service segments.
AI Summary
Penguin Solutions, Inc. filed its 10-Q for the period ending February 28, 2025. The company, formerly known as SMART Global Holdings, Inc., reported financial results for its fiscal second quarter. The filing details revenue and expenses related to its product and service segments, with financial data presented for periods including November 30, 2024, to February 28, 2025, and comparable prior periods.
Why It Matters
This filing provides investors with Penguin Solutions' latest financial performance and operational details, crucial for understanding the company's current health and future prospects in the semiconductor industry.
Risk Assessment
Risk Level: medium — The filing is a standard quarterly report, but the semiconductor industry can be volatile, and specific financial details within the report could reveal underlying risks.
Key Numbers
- 20250228 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial data is reported.)
- 20240830 — Fiscal Year End (Defines the company's annual financial reporting cycle.)
- 3674 — SIC Code (Identifies the company's industry as Semiconductors & Related Devices.)
Key Players & Entities
- Penguin Solutions, Inc. (company) — Filer of the 10-Q
- SMART Global Holdings, Inc. (company) — Former name of Penguin Solutions, Inc.
- February 28, 2025 (date) — End of the reporting period
- November 30, 2024 (date) — Start of a reporting period
- August 30, 2024 (date) — Fiscal year end
FAQ
What were the specific revenue figures for the product and service segments for the quarter ending February 28, 2025?
The filing indicates periods for product and service segments from November 30, 2024, to February 28, 2025, but specific dollar amounts for these segments are not detailed in the provided header information.
What is the company's primary business activity based on its SIC code?
The company's Standard Industrial Classification (SIC) code is 3674, which corresponds to Semiconductors & Related Devices.
When did SMART Global Holdings, Inc. change its name to Penguin Solutions, Inc.?
The date of the name change from SMART Global Holdings, Inc. to Penguin Solutions, Inc. was August 13, 2014.
What is the filing date of this 10-Q report?
This 10-Q report was filed on April 2, 2025.
What is the company's principal business address?
The business address is 39870 Eureka Drive, Newark, CA 94560-4809.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 2, 2025 regarding Penguin Solutions, Inc. (PENG).