Penguin Solutions Announces Third Quarter Fiscal 2025 Financial Conference Call
MILPITAS, Calif., June 18, 2025--(BUSINESS WIRE)--Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2025 earnings after market close on Tuesday, July 8, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call.
Webcast Information: To access the live webcast: PENG Q3 FY25 Earnings Call Webcast.
Conference Call Information: Participants may also listen to the conference call by dialing:+1-833-470-1428 (domestic) or +1-404-975-4839 (international), using the access code 305335.
Replay Information: An archived version of the webcast will be available on the Penguin Solutions investor relations website for one year after the webcast date at https://ir.penguinsolutions.com. In addition, an audio replay of the call will be accessible for one week after the conference call by dialing +1-866-813-9403 (domestic) or +44 204 525 0658 (international), using the access code 979651.
About Penguin Solutions
The most exciting technological advancements are also the most challenging for companies to adopt. At Penguin Solutions, we support our customers in achieving their ambitions across our Advanced Computing, Integrated Memory, and Optimized LED business segments. With our expert skills, experience, and partnerships, we turn our customers' most complex challenges into compelling opportunities.
For more information, visit https://www.penguinsolutions.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250617732745/en/
Contacts
Investor Contact Suzanne SchmidtInvestor Relations(510) 360-8596ir@penguinsolutions.com
PR Contact Maureen O'LearyPenguin Solutions Corporate Communications(602) 330-6846pr@penguinsolutions.com
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
13 minutes ago
- Yahoo
Summer Surge: AI Data Centers And Soaring Heat Test Texas Power Grid
Texas is poised to set a new record for peak energy demand this summer, driven by scorching temperatures and surging needs from new data centers and air conditioning use. The Electric Reliability Council of Texas (ERCOT), the state's power grid operator, projects a peak demand of 87,500 megawatts, surpassing the August 2023 record of 85,464 megawatts and significantly higher than the 74,650 megawatts in 2021. The increase is fueled, in part, by data centers powering AI and cloud storage, which is expected to grow from 2,400 megawatts next year to over 22,000 megawatts by 2030. Rising cryptocurrency production is also contributing to the demand for electricity, although it is expected to account for only a third of the demand for data centers within five years. Despite the strain, ERCOT anticipates the grid will meet demand, bolstered by increased solar production and battery storage capacity. However, emergency alerts are most likely in August after 9 p.m., when solar output declines. 'It has become statistically challenging to record a hotter-than-normal summer,' ERCOT forecaster Chris Coleman wrote, per Axios Dallas. He noted that six of Texas' 10 hottest summers have occurred in the last decade. Last summer ranked as the seventh-hottest on record, despite above-average rainfall. ERCOT expects energy use to continue rising over the next five years as Texas' population grows and summers intensify, pushing the grid to adapt to unprecedented demand.
Yahoo
14 minutes ago
- Yahoo
4 Signs Stagflation Could Be Coming in 2025
You've heard of inflation (and know how terrible it is), but have you heard of 'stagflation'? It's also terrible. Merriam-Webster defines stagflation as 'persistent inflation combined with stagnant consumer demand and relatively high unemployment.' Yikes. Find Out: Read Next: Some economic experts think that stagflation in the U.S. is on the horizon. Why? What signs indicate stagflation is coming and what can you do to financially prepare for it? A slowing GDP (gross domestic product) growth — when the economy's output starts to decline or contract — is a big red flag warning of stagflation. And that flag was waved earlier this year. GDP decreased at an annual rate of 0.3% in the first quarter of 2025 (January, February and March), according to the advance estimate released by the U.S. Bureau of Economic Analysis [2]. 'The Federal Reserve now projects real GDP growth at 1.4% for 2025, down from 1.7% in its March projection,' said Alex Tsepaev, CSO at B2PRIME Group. 'The OECD and World Bank have also downgraded U.S. growth expectations due to trade tensions and policy uncertainty. Additionally, the Conference Board's Leading Economic Index (LEI) declined again in May, marking a 2.7% drop over the past six months, which is approaching recessionary territory.' Learn More: Back to the word so closely tied to 'stagflation' — inflation. A key sign of stagflation is persistent inflation. This is also called 'sticky inflation,' and we see it hover around essentials like food and fuel. 'These categories are less sensitive to interest rate hikes, which makes them persistently expensive,' said Dane May, principal and co-founder at DePaolo & May Strategic Wealth. 'These are non-discretionary expenses that strain household budgets. When consumers are forced to spend more on essentials, they cut back elsewhere. That slows economic growth and makes inflation more painful because it's tied to necessities rather than luxury or optional spending.' Another key warning sign of stagflation is a weakening labor market. With this, we see a decrease in job openings, layoffs and rising unemployment rates. Right now, the labor market is showing signs of weakening. 'Recent jobs data has consistently missed economists' expectations,' said Jake Falcon, CRPC, CEO at Falcon Wealth Advisors. 'Employers added far fewer jobs in February than in January, and unemployment claims have risen. This softening labor market is a classic precursor to economic stagnation.' Next comes falling consumer sentiment, which, yes, we're also seeing right now in the U.S. as people pull the reins on spending. 'Concerned by the inflationary outcome of the ongoing tariff war, people begin to feel pessimistic about the economy, which leads to reduced spending and investment,' Tsepaev said. 'Indeed, retail sales fell 0.9% in May, worse than expected, as consumers reduced their purchases of big-ticket items, such as cars and other luxuries. Likewise, companies become cautious about expanding due to uncertainty or rising costs.' So how do you fortify your finances to shelter from stagflation? First, double down on your investing strategy. One of the awesome things about investing is that if you do it right and diversify, you can hedge against inflation. 'Consider Treasury Inflation-Protected Securities (TIPS), commodities and real assets like real estate,' Falcon said. 'If you are missing these in your portfolio now is a time to get a second opinion.' It's always the right time to pay off high-interest debt, but there's nothing like the high probability of stagflation to put the pressure on. 'When inflation increases, the true value of debt goes down,' said Fei Chen, investment expert and founder and CEO at 'But interest rates can also increase as central banks attempt to stem inflation, which increases the cost of borrowing. Paying off high-interest debt or fixing rates before inflation spirals out of control can provide some mitigation.' The U.S. appears to be on the precipice of stagflation, but the economy can change rapidly and without notice. It's important to keep up with the news (calmly and without letting it provoke you to, say, drop an investment without heavy consideration and research) and stay flexible. 'Regularly review your financial plan and adjust as needed,' Falcon said. 'Make sure your portfolio is aligned with your financial plan.' More From GOBankingRates 8 Common Mistakes Retirees Make With Their Social Security Checks This article originally appeared on 4 Signs Stagflation Could Be Coming in 2025


TechCrunch
18 minutes ago
- TechCrunch
OpenAI reportedly ‘recalibrating' compensation in response to Meta hires
In Brief With Meta successfully poaching a number of its senior researchers, an OpenAI executive reportedly reassured team members Saturday that company leadership has not 'been standing idly by.' 'I feel a visceral feeling right now, as if someone has broken into our home and stolen something,' Chief Research Officer Mark Chen wrote in a Slack memo obtained by Wired. In response to what appears to be a Meta hiring spree, Chen said that he, CEO Sam Altman, and other OpenAI leaders have been working 'around the clock to talk to those with offers,' and they've 'been more proactive than ever before, we're recalibrating comp, and we're scoping out creative ways to recognize and reward top talent.' Over the past week, various press reports have noted eight researchers who departed OpenAI for Meta. Altman even complained on a podcast that Meta was offering '$100 million signing bonuses,' a description that Meta executives have pushed back against internally.