Penguin Solutions posts 68% revenue jump as AI memory demand lifts smaller players
Photo: Crypto Briefing
The former SMART Global Holdings beat earnings estimates and raised its fiscal 2027 outlook while Micron's own growth runs even hotter The AI memory boom has a famous headliner in Micron. Penguin Solutions is making a case for a spot further down the bill. The company, which trades on Nasdaq under the ticker PENG, reported fiscal fourth-quarter 2026 net sales of $567 million. That figure was up 68% from the same quarter a year earlier, and earnings per share climbed even faster. Diluted earnings per share landed at $1.00, a 133% increase year over year.
Source: Crypto Briefing
