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Benzinga
Benzinga
Business
Avi Kapoor

These Analysts Increase Their Forecasts On Penguin Solutions After Better-Than-Expected Q3 Earnings

Analysts

Penguin Solutions Inc. (NASDAQ:PENG) reported upbeat earnings for the third quarter, while sales missed estimates on Tuesday.

Penguin Solutions posted adjusted earnings of 47 cents per share, beating market estimates of 33 cents per share. The company's quarterly sales came in at $324.25 million versus expectations of $328.81 million.

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