AI infrastructure specialist Penguin Solutions (NASDAQ: PENG) reported fourth-quarter net sales of $567 million, up 68% year over year, driven by 158% growth in its Integrated Memory segment and six new AI infrastructure clients. For the full fiscal year 2026, net sales reached $1.73 billion, up 26%, with non-GAAP EPS of $2.87, a 51% increase. The company raised its fiscal 2027 outlook to approximately $2.43 billion in net sales, around 40% growth, and $4.45 in non-GAAP diluted EPS, roughly 55% growth. Shares rose 5-6% after the release, climbing to $64.21 on Oct. 6, a 5.8% daily gain.
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