Penguin Solutions, Inc.: Form 10-Q for the period ended May 31, 2024
Filed with the SEC on Jul 9, 2024 and accepted by EDGAR at Jul 9, 2024, 17:13 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2024-05-31. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2024-03-02 to 2024-05-31 | $300.6m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 9 months2023-08-26 to 2024-05-31 | $859.6m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2024-03-02 to 2024-05-31 | $211.7m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 9 months2023-08-26 to 2024-05-31 | $606.0m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2024-03-02 to 2024-05-31 | $88.9m | us-gaap:GrossProfit |
| Gross profit | 9 months2023-08-26 to 2024-05-31 | $253.7m | us-gaap:GrossProfit |
| Research and development | 3 months2024-03-02 to 2024-05-31 | $19.7m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 9 months2023-08-26 to 2024-05-31 | $61.6m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2024-03-02 to 2024-05-31 | $57.2m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 9 months2023-08-26 to 2024-05-31 | $175.9m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2024-03-02 to 2024-05-31 | $11.5m | us-gaap:OperatingIncomeLoss |
| Operating income | 9 months2023-08-26 to 2024-05-31 | $9.5m | us-gaap:OperatingIncomeLoss |
| Income tax | 3 months2024-03-02 to 2024-05-31 | −$1.3m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 9 months2023-08-26 to 2024-05-31 | $4.4m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2024-03-02 to 2024-05-31 | $5.6m | us-gaap:NetIncomeLoss |
| Net income | 9 months2023-08-26 to 2024-05-31 | −$27.9m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2024-03-02 to 2024-05-31 | $0.10 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 9 months2023-08-26 to 2024-05-31 | −$0.53 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2024-03-02 to 2024-05-31 | $0.11 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 9 months2023-08-26 to 2024-05-31 | −$0.53 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2024-03-02 to 2024-05-31 | 54,283,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 9 months2023-08-26 to 2024-05-31 | 52,219,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 9 months2023-08-26 to 2024-05-31 | $89.3m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 9 months2023-08-26 to 2024-05-31 | $13.6m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Share repurchases | 9 months2023-08-26 to 2024-05-31 | $18.0m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2024-05-31 | $453.8m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2024-05-31 | $942.3m | us-gaap:AssetsCurrent |
| Total assets | At period end2024-05-31 | $1.55bn | us-gaap:Assets |
| Current liabilities | At period end2024-05-31 | $351.1m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2024-05-31 | $1.12bn | us-gaap:Liabilities |
| Long-term debt | At period end2024-05-31 | $667.0m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2024-05-31 | $0 | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | At period end2024-05-31 | $423.4m | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0001628280-24-031519. Last ingested by Listed: Nov 4, 2026, 09:10 ET. Listed shows no prices and gives no investment advice.