Penguin Solutions, Inc.: Form 10-Q for the period ended Mar 1, 2024
Filed with the SEC on Apr 9, 2024 and accepted by EDGAR at Apr 9, 2024, 17:23 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2024-03-01. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2023-12-02 to 2024-03-01 | $284.8m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 6 months2023-08-26 to 2024-03-01 | $559.1m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2023-12-02 to 2024-03-01 | $202.9m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 6 months2023-08-26 to 2024-03-01 | $394.3m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2023-12-02 to 2024-03-01 | $81.9m | us-gaap:GrossProfit |
| Gross profit | 6 months2023-08-26 to 2024-03-01 | $164.8m | us-gaap:GrossProfit |
| Research and development | 3 months2023-12-02 to 2024-03-01 | $20.5m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 6 months2023-08-26 to 2024-03-01 | $41.9m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2023-12-02 to 2024-03-01 | $61.4m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 6 months2023-08-26 to 2024-03-01 | $118.6m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2023-12-02 to 2024-03-01 | −$3.3m | us-gaap:OperatingIncomeLoss |
| Operating income | 6 months2023-08-26 to 2024-03-01 | −$2.0m | us-gaap:OperatingIncomeLoss |
| Income tax | 3 months2023-12-02 to 2024-03-01 | $2.2m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months2023-08-26 to 2024-03-01 | $5.7m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2023-12-02 to 2024-03-01 | −$13.6m | us-gaap:NetIncomeLoss |
| Net income | 6 months2023-08-26 to 2024-03-01 | −$33.5m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2023-12-02 to 2024-03-01 | −$0.26 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months2023-08-26 to 2024-03-01 | −$0.64 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2023-12-02 to 2024-03-01 | −$0.26 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months2023-08-26 to 2024-03-01 | −$0.64 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2023-12-02 to 2024-03-01 | 52,031,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months2023-08-26 to 2024-03-01 | 52,050,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months2023-08-26 to 2024-03-01 | $9.6m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 6 months2023-08-26 to 2024-03-01 | $9.9m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Share repurchases | 6 months2023-08-26 to 2024-03-01 | $15.9m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2024-03-01 | $442.3m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2024-03-01 | $884.7m | us-gaap:AssetsCurrent |
| Total assets | At period end2024-03-01 | $1.52bn | us-gaap:Assets |
| Current liabilities | At period end2024-03-01 | $268.0m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2024-03-01 | $1.11bn | us-gaap:Liabilities |
| Long-term debt | At period end2024-03-01 | $740.7m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2024-03-01 | $0 | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | At period end2024-03-01 | $405.0m | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0001628280-24-015494. Last ingested by Listed: Oct 30, 2026, 16:53 ET. Listed shows no prices and gives no investment advice.