Penguin Solutions, Inc. (PENG) Q2 2025 Earnings Call Transcript

Penguin Solutions, Inc. ( NASDAQ: PENG ) Q2 2025 Earnings Conference Call April 2, 2025 4:30 PM ET Company Participants Suzanne Schmidt - Investor Relations Mark Adams - Chief Executive Officer Nate Olmstead - Chief Financial Officer Conference Call Participants Denis Pyatchanin - Stifel Samik Chatterjee - JPMorgan Alek Valero - Loop Capital Kevin Garrigan - Rosenblatt Securities Nick Doyle - Needham & Company Operator Good afternoon. Thank you for attending today's Penguin Solutions Q2 Fiscal 2025 Earnings Call.

All lines will be muted during the presentation portion of the call, with an opportunity for questions and answers at the end. [Operator Instructions] I'll now hand the call over to Suzanne Schmidt with Investor Relations to begin. Suzanne, you may proceed.



Suzanne Schmidt Thank you, operator. Good afternoon, and thank you for joining us on today's earnings conference call and webcast to discuss Penguin Solutions' second quarter fiscal 2025 results. On the call today are Mark Adams, Chief Executive Officer, and Nate Olmstead, Chief Financial Officer.

You can find the accompanying slide presentation and press release for this call on the Investor Relations section of our website. We encourage you to go to the site throughout the quarter for the most current information on the company. I would also like to remind everyone to read the note on the use of forward-looking statements that is included in the press release and the earnings call presentation.

Please note that during this conference call, the company will make projections and forward-looking statements, including, but not limited to, statements about the company's growth trajectory and financial outlook, business plans and strategy, proposed redomiciliation, and existing and potential collaborations. Forward-looking statements are based on current beliefs and assumptions and are not guarantees of future performance and are subject to risks and uncertainties, including, without limitation, the risks and uncertainties reflected.