SHARPE·IQStart free
Menu
TodayResearchEarningsToolsPricingSign in
PENG reported quarterly results. The stock moved +13.1% on the print.
PENGearnings

Penguin Solutions, Inc. (PENG) earnings

October 7, 2026 · SharpeIQ Research Desk

Reported results

  • Stephen Cumming appointed as Senior Vice President and Chief Financial Officer effective immediately, with extensive public-company experience across infrastructure systems, software, services, and semiconductor industries.
  • Aaron Johnson, who served as Interim CFO since July 2026, will return to his role as Vice President of Finance and Accounting.
  • Company enters fiscal 2027 with strong AI-driven momentum and meaningful operating leverage.

Guidance

  • Full year fiscal 2027 outlook raised (specific figures not provided in this release).

Notes

This is a personnel announcement release. Fourth quarter and fiscal year 2026 financial results are reported in a separate release referenced but not included in this document. Specific guidance figures for fiscal 2027 are mentioned as raised but not stated in this release.

Price and volatility reaction

The stock moved +13.1% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -24.6 vol points across the event (constant-maturity series — not the front-week crush).

MeasureValueBasis
Close before release64.212026-10-06
Close after release72.612026-10-07
Realised move+13.1%close to close
30d ATM IV change-24.6 vol ptsconstant-maturity series, not the front expiry
Price and volatility reaction. Closes either side of the release. No front-expiry chain on file for a straddle expected move. SharpeIQ — listed option chain and price_history

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-06 (8-K, Item 2.02). Read the original filing on sec.gov.

See this live in SharpeIQ

IV rank, historical IV and the single-ticker tools. The scanner and AI research are paid plans.

Open IV Rank →