Penguin Solutions Files 10-Q for Q1 2025

Ticker: PENG · Form: 10-Q · Filed: 2025-01-08T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, semiconductors

TL;DR

Penguin Solutions (formerly SMART Global) filed its 10-Q. Financials look steady.

AI Summary

Penguin Solutions, Inc. filed its 10-Q for the period ending November 29, 2024. The company, formerly known as SMART Global Holdings, Inc., operates in the Semiconductors & Related Devices sector. The filing covers financial data and operational details for the period.

Why It Matters

This filing provides investors with an update on Penguin Solutions' financial performance and position as of November 29, 2024, crucial for understanding the company's trajectory in the semiconductor industry.

Risk Assessment

Risk Level: low — This is a routine quarterly filing providing standard financial information, not indicating any immediate or unusual risks.

Key Numbers

Key Players & Entities

FAQ

What is the primary business of Penguin Solutions, Inc.?

Penguin Solutions, Inc. operates in the SEMICONDUCTORS & RELATED DEVICES sector, as indicated by its Standard Industrial Classification code [3674].

When did Penguin Solutions, Inc. change its name?

The company's name change from SMART Global Holdings, Inc. to Penguin Solutions, Inc. occurred on August 13, 2014.

What is the fiscal year end for Penguin Solutions, Inc.?

The fiscal year end for Penguin Solutions, Inc. is August 30 (0830).

What is the SEC file number for Penguin Solutions, Inc.?

The SEC file number for Penguin Solutions, Inc. is 001-38102.

What is the business address of Penguin Solutions, Inc.?

The business address for Penguin Solutions, Inc. is 39870 EUREKA DRIVE, NEWARK, CA 94560-4809.

From the Filing

0001628280-25-000944.txt : 20250108 0001628280-25-000944.hdr.sgml : 20250108 20250108161037 ACCESSION NUMBER: 0001628280-25-000944 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 105 CONFORMED PERIOD OF REPORT: 20241129 FILED AS OF DATE: 20250108 DATE AS OF CHANGE: 20250108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Penguin Solutions, Inc. CENTRAL INDEX KEY: 0001616533 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 981013909 STATE OF INCORPORATION: E9 FISCAL YEAR END: 0830 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38102 FILM NUMBER: 25518649 BUSINESS ADDRESS: STREET 1: 39870 EUREKA DRIVE CITY: NEWARK STATE: CA ZIP: 94560-4809 BUSINESS PHONE: (510) 623-1231 MAIL ADDRESS: STREET 1: 39870 EUREKA DRIVE CITY: NEWARK STATE: CA ZIP: 94560-4809 FORMER COMPANY: FORMER CONFORMED NAME: SMART Global Holdings, Inc. DATE OF NAME CHANGE: 20140813 10-Q 1 sgh-20241129.htm 10-Q sgh-20241129 0001616533 2025 Q1 false 8/29 P2Y 270 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure sgh:tradingDay sgh:day sgh:exerciseWindow sgh:segment 0001616533 2024-08-31 2024-11-29 0001616533 2025-01-02 0001616533 2024-11-29 0001616533 2024-08-30 0001616533 us-gaap:ProductMember 2024-08-31 2024-11-29 0001616533 us-gaap:ProductMember 2023-08-26 2023-12-01 0001616533 us-gaap:ServiceMember 2024-08-31 2024-11-29 0001616533 us-gaap:ServiceMember 2023-08-26 2023-12-01 0001616533 2023-08-26 2023-12-01 0001616533 us-gaap:CommonStockMember 2024-08-30 0001616533 us-gaap:AdditionalPaidInCapitalMember 2024-08-30 0001616533 us-gaap:RetainedEarningsMember 2024-08-30 0001616533 us-gaap:TreasuryStockCommonMember 2024-08-30 0001616533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-30 0001616533 us-gaap:ParentMember 2024-08-30 0001616533 us-gaap:NoncontrollingInterestMember 2024-08-30 0001616533 us-gaap:RetainedEarningsMember 2024-08-31 2024-11-29 0001616533 us-gaap:ParentMember 2024-08-31 2024-11-29 0001616533 us-gaap:NoncontrollingInterestMember 2024-08-31 2024-11-29 0001616533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-31 2024-11-29 0001616533 us-gaap:CommonStockMember 2024-08-31 2024-11-29 0001616533 us-gaap:AdditionalPaidInCapitalMember 2024-08-31 2024-11-29 0001616533 us-gaap:TreasuryStockCommonMember 2024-08-31 2024-11-29 0001616533 us-gaap:CommonStockMember 2024-11-29 0001616533 us-gaap:AdditionalPaidInCapitalMember 2024-11-29 0001616533 us-gaap:RetainedEarningsMember 2024-11-29 0001616533 us-gaap:TreasuryStockCommonMember 2024-11-29 0001616533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-11-29 0001616533 us-gaap:ParentMember 2024-11-29 0001616533 us-gaap:NoncontrollingInterestMember 2024-11-29 0001616533 us-gaap:CommonStockMember 2023-08-25 0001616533 us-gaap:AdditionalPaidInCapitalMember 2023-08-25 0001616533 us-gaap:RetainedEarningsMember 2023-08-25 0001616533 us-gaap:TreasuryStockCommonMember 2023-08-25 0001616533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-08-25 0001616533 us-gaap:ParentMember 2023-08-25 0001616533 us-gaap:NoncontrollingInterestMember 2023-08-25 0001616533 2023-08-25 0001616533 us-gaap:RetainedEarningsMember 2023-08-26 2023-12-01 0001616533 us-gaap:ParentMember 2023-08-26 2023-12-01 0001616533 us-gaap:NoncontrollingInterestMember 2023-08-26 2023-12-01 0001616533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-08-26 2023-12-01 0001616533 us-gaap:CommonStockMember 2023-08-26 2023-12-01 0001616533 us-gaap:AdditionalPaidInCapitalMember 2023-08-26 2023-12-01 0001616533 us-gaap:TreasuryStockCommonMember 2023-08-26 2023-12-01 0001616533 us-gaap:CommonStockMember 2023-12-01 0001616533 us-gaap:AdditionalPaidInCapitalMember 2023-12-01 0001616533 us-gaap:RetainedEarningsMember 2023-12-01 0001616533 us-gaap:TreasuryStockCommonMember 2023-12-01 0001616533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-01 0001616533 us-gaap:ParentMember 2023-12-01 0001616533 us-gaap:Noncontrollin

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