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Posted inMarkets, Companies, Daily Analysis, Earnings Watch, Pre-Market Briefing, Sector -- Technology

Penguin Solutions (PENG) surges 14% premarket on Q2 earnings beat and raised FY2026 guidance — April 2, 2026

Penguin Solutions (NASDAQ: PENG) surged approximately 14% in premarket trading on April 2, 2026, to around $20.80, after reporting Q2 fiscal 2026 non-GAAP EPS of $0.52 against a consensus estimate of $0.42. Net sales of $343 million beat the $339 million Wall Street forecast, whi

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