PENG

PITTSBURGH, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Axe Compute Inc. (NASDAQ: AGPU), the neocloud that designs, deploys, owns, and operates dedicated, bare-metal AI infrastructure for enterprises worldwide, today announced a strategic partnership with Penguin Solutions (NASDAQ:PENG), the AI Factory Platform Company, adding Penguin’s deep technical expertise, technology, and services to Axe Compute’s partner network, accelerating Axe Compute Build, the company’s build-to-order program for delivering enterprise-grade AI infrastructure at scale. This multi-year strategic partnership with Penguin Solutions is intended to speed time to market as Axe Compute works to bring more than $3.45 billion in

Penguin Solutions, Inc. (Nasdaq: PENG) ("Penguin Solutions" or the "Company") today announced the grant of inducement equity awards to its new Senior Vice President and Chief Financial Officer, Stephen Cumming, in connection with the commencement of his employment with the Company on October 6, 2026. On that date, pursuant to approval by the independent Compensation Committee of the Board of Directors of the Company (the "Committee"), the Company granted to Mr. Cumming time-based restricted stock units with respect to 33,502 shares of Common Stock of the Company (the "RSUs") and performance-based restricted stock units with respect to 48,818 shares of Common Stock of the Company at the targ

BofA Securities initiated coverage of Penguin Solutions with a rating of Buy and set a new price target of $100.00

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

3 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

8-K - Penguin Solutions, Inc. (0001616533) (Filer)

8-K - Penguin Solutions, Inc. (0001616533) (Filer)

Penguin separately reports fourth quarter and fiscal 2026 results with multiple company records and raises full year fiscal 2027 outlook Penguin Solutions, Inc. ("Penguin Solutions," "Penguin," or the "Company") (Nasdaq: PENG), the AI Factory Platform Company, today announced the appointment of Stephen Cumming as Senior Vice President and Chief Financial Officer, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261006014846/en/Penguin Solutions today announced the appointment of Stephen Cumming as Senior Vice President and Chief Financial Officer. Mr. Cumming is an experienced public company executive with

Record Results Across Key Financial Metrics Reflecting AI-Driven Data Center Demand; Raising Fiscal 2027 Outlook Supported by Accelerating AI Infrastructure Business Penguin Solutions, Inc. ("Penguin Solutions," "Penguin," "we," "us," "our," or the "Company") (Nasdaq: PENG), the AI Factory Platform Company, today announced financial results for its fiscal fourth quarter and full year 2026 ended August 28, 2026. The Company also raised its outlook for its fiscal 2027 full year as compared to the preliminary view provided last quarter. Fourth Quarter Financial Highlights Record net sales of $567 million, up 68% year over year Record operating income of $69 million, up 458% year over

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

Penguin Solutions, Inc. (Nasdaq: PENG), the AI Factory Platform Company that designs, builds, and manages next-generation AI data center infrastructure worldwide, will host a conference call on Tuesday, October 6, 2026, at 1:30 p.m. Pacific Daylight Time (PDT) / 4:30 p.m. Eastern Daylight Time (EDT) to discuss its financial results for the fourth quarter and full fiscal year 2026, which ended August 28, 2026. The call will be available to the public as a live, audio-only webcast at ir.penguinsolutions.com. Prior to the call, the earnings press release and investor presentation will be posted at the same location. A replay of the webcast will be available on the IR Events page for one ye

Collaboration simplifies development of pioneering distributed cloud network powered entirely by existing carbon-free energy and designed to distribute AI infrastructure geographicallyPenguin Solutions, Inc. (Nasdaq: PENG), the AI Factory Platform Company that designs, builds, and manages next generation AI data center infrastructure worldwide, today announced that it has been selected by Lektra to deploy and optimize their AI micro data centers. Penguin Solutions will provide validated reference designs, AI-optimized compute, and expert-led services and support needed to deliver and scale Lektra distributed EdgeScale™ AI data centers.This press release features multimedia. View the full rel

Penguin will feature its MemoryAI™ KV Cache Server with Compute Express Link® (CXL®) based memory, along with other advanced memory solutions, at booth #520. Penguin Solutions, Inc. (Nasdaq: PENG), the AI Factory Platform Company, today announced its participation at AI Infra Summit 2026, taking place September 15-17 at the Santa Clara Convention Center. Penguin will host product demonstrations at booth #520 and deliver a speaking session during the conference program. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260902089391/en/Penguin Solutions MemoryAI KV cache server utilizes CXL memory technology to address the critical

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to LED components used in portable lighting products. As part of the settlement, Cree LED has granted Promier Products a limited license to certain Cree LED patents covering LED components. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260831242793/en/Cree LED is firmly committed to protecting its intellectual property. Cree LED has established itself as a trusted brand in portable lighting applications

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Nanolumens today announced that they have entered into a mutually beneficial patent cross-license agreement that resolves a patent infringement dispute involving Cree LED’s patents related to LED components commonly used in LED displays. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260825793659/en/Cree LED and Nanolumens are firmly committed to protecting their intellectual property as part of their broader mission to drive innovation in LED display technology. Cree LED and Nanolumens are firmly committed to protecting their intellectual property as part of their broader

Penguin Solutions, Inc. (Nasdaq: PENG), the AI Factory Platform Company, today announced that the company will present at the following investor conference: Goldman Sachs Communacopia + Technology Conference 2026 at the Palace Hotel in San Francisco, Calif. Kash Shaikh, President and Chief Executive Officer, will present on Thursday, September 10 at 2:25 p.m. PT. An event webcast will be accessible on the investor relations section of the Penguin Solutions website at https://ir.penguinsolutions.com/events-and-presentations/default.aspx and archived on the site for a period of 30 days. About Penguin Solutions Penguin Solutions (Nasdaq: PENG) is the AI Factory Platform Company. We d

SCHEDULE 13G/A - Penguin Solutions, Inc. (0001616533) (Subject)

SCHEDULE 13G - Penguin Solutions, Inc. (0001616533) (Subject)

Penguin Solutions, Inc. (Nasdaq: PENG), the AI Factory Platform Company, today announced that the company will participate in the following investor conference: Rosenblatt's 6th Annual Technology Summit – August 17-18. Mark Seamans, Senior Vice President, Global Marketing, will participate in a virtual fireside chat on Monday, August 17 at 12:00 p.m. PT. An event webcast will be accessible on the investor relations section of the Penguin Solutions website at https://ir.penguinsolutions.com/events-and-presentations/default.aspx and archived on the site for a period of 30 days. About Penguin Solutions Penguin Solutions (Nasdaq: PENG) is the AI Factory Platform Company. We design, buil