By Kelly Cloonan
Penguin Solutions expects sales growth to slow in the current fiscal year after it swung to a profit in its latest quarter. The artificial intelligence company forecast sales growth of about 6%, plus or minus 10%, for fiscal 2026, compared to 17% growth in the year that ended Aug. 29. Chief Executive Mark Adams said the company is seeing momentum in its core businesses. Shares fell 13% to $23.60 in after-hours trading.
Esperion Therapeutics commenced an underwritten public offering of its common stock. All shares in the proposed offering will be sold by Esperion. In April, the biopharmaceutical company filed for a $400 million mixed shelf offering with the Securities and Exchange Commission. Shares slid 18% to $2.54 after market close.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
October 07, 2025 19:04 ET (23:04 GMT)
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