Penguin Solutions Inc 2023年度报告

Solving complexity.Accelerating results. Enabling Our Customers to Harnessthe Power of Accelerated Computing With over two decades of experience as trusted advisorsto our valued customers, Penguin Solutions is an end-to-end solutions provider helping solve complex challenges incomputing, memory, and LED solutions. Penguin Solutions designs, builds, deploys, and manages high-performance, high-availability enterprise solutions, allowingcustomers to achieve breakthrough innovations. Our BusinessSegments Penguin Solutions isdedicated to solvingcomplex challenges in: Advanced Computing Our Advanced Computing segment offers high-performance, high-availability, fault-tolerant integratedcomputing platforms and services for artiĝcial intelligenceřA*Ś, accelerated computing, machine learningř>8Ś, and the internet of thingsř*o]Śthat span the continuum of edge, core, and cloudńmithin our AdvancedComputing segment,ìe have tìo main product brandsŗPenguinWolutionsźandWtratusŹńOurPenguinSolutions product offerings include the design, build, deployment, and management of advanced computingsolutions in(PC and A*ńOur Stratus product brand offers simpliĝed, protected, and autonomous fault-tolerant computing solutions in the data center and at the edgeń Integrated Memory Our*ntegrated>emory segment enables high-performance, high-availability computing solutions throughthe design, development, and advanced packaging of specialty memory and storage solutions underthe S>AS]>odular]echnologiesŹbrandńProducts include dynamic random-access memoryřSA>Śmodules, solid-stateőĞash storage, and other advanced integrated memory solutions critical to netìorkingand telecom, data analytics, A*, and>8ńOur*ntegrated>emory segment also offers S>AS]Supply ChainServices, which provides customized, integrated supply chain services to enable our customers to bettermanage supply chain planning and eñecution, reduce costs, and increase productivityń Optimized LED Our Optimized8segment offers a broad portfolio of application-optimized8s focused on improvinglumen density, intensity, efĝcacy, optical control, andőor reliabilityńacked by eñpert design assistanceand superior sales support, our Optimized8products enable our customers to develop and market8-based products for lighting, video screens, and specialty lighting applicationsń]his business segment,which operates under the Cree8Źbrand, has been a leader in the8lighting technology industry foroverĥĢyearsń Put peopleĝÒÖÜ Our Values Our company valuesinform our interactionswith our customers,our partners, and ourcolleagues. We livethese values everyday by investing in ourworkforce, championinginnovation, andexemplifying operationalexcellence. Driveprogress Act withpurpose Deliverresults To Our Valued Shareholders, 2024 was a transformative year for Penguin Solutions.We changed our company name from SMART GlobalHoldings to Penguin Solutions and adopted a newticker symbol, PENG, on Nasdaq. These changes are symbolic of our transformationfrom a holding company to an infrastructure solutionsprovider focused on helping our customers manage the‹Ä½Ï·”ñ§ÜòŁÄ Ł~Òܧĝ‹§~·Ł§¾Ü”··§¡”¾‹”Łř
*Śń ŎŁŁŁW”Ò맋”ÖŁÒ”ë”¾à”ŁÒ”ÏҔ֔¾Ü§¾¡ŁĤģƥŁÄ ŁÜÄÜ~·ŁÖ~·”ÖŁŁřàÏŁÒĽŁģĩƥŁ§¾Ł#sŁĤĢĤĥŚń •Record full-year non-GAAP gross margin of 31.9%,driven by growth in our software and services sales. *¾Łĝ֋~·ŁĤĢĤĦŅŁì”Ł”ñÏ~¾”ŁÄàÒŁÒÄ·”Ł~ÖŁ~ŁÜÒàÖܔŁÏ~Òܾ”ÒŁcommitted to providing high-performance, high-availability infrastructure solutions and supporting ourcustomers in achieving breakthrough innovations. Thanksto the hard work and dedication of our employees, weachieved a number of key milestones that togetheradvance our strategic vision and position us for long-term growth, including: ŎŁŁŁWÜÒľ¡Łĝ֋~·ŕò”~Òŕ”¾Ł‹~Ö¥ŁÏÄ֧ܧľŁÄ ŁŁƄĥĪīŁ½§··§Ä¾ŅŁì¥§‹¥ŁÏÒÄ말”ÖŁĞ”ñ§Š§·§ÜòŁÜÄŁ§¾ë”ÖÜŁ§¾Ł§¾¾Äë~ܧľŁ~¾Łgrowth. We are energized by the opportunities that lie ahead andwill continue to drive innovation and deliver value to ourcustomers and our shareholders. Business Segments Overview •Reinforcing our commitment to the enterprise marketby completing the majority-stake divestiture of ourBrazil consumer memory business. Our Advanced Computing segment remains thecornerstone of our growth strategy, accounting forĦĩƥŁÄ Łĝ֋~·ŁĤĢĤĦŁÒ”딾à”ńŁ8”ë”Ò~¡§¾¡ŁÄàÒŁÖòÖܔ½ÖŁdeployment knowhow and our portfolio of hardware,software, and managed services, we were able to growour customer engagements over the course of the year.With our deep engagement in the market, we continueÜģ֔”Ł~ÄÏܧľŁÄ Ł
*ŁÖÄ·àÜ§Ä¾ÖŁ~‹ÒÄÖÖŁ~ŁŠÒÄ~ŁÒ~¾¡”ŁÄ Łà֔Ł‹~֔ÖŅŁ§¾‹·à§¾¡Ł
*ŕ‹”¾ÜÒ§‹Ł‹·ÄàŁ‹Ä½Ïàܧ¾¡ŅŁ~ë~¾‹”ŁÄ¾·§¾”Ł¡~½§¾¡ŅŁÄ§·Ł~¾Ł¡~ÖŁ§¾¾Äë~ܧľÖŅŁ~¾Ł
*Łmakerspace environments at top-ranked universities. ŎŁŁŁ¾¥~¾‹§¾¡ŁÄàÒŁ·”~”ÒÖ¥§ÏŁ§¾Ł
*ŕ ċà֔Ł”¾Ü”ÒÏҧ֔ŁÖÄ·àÜ§Ä¾ÖŁ~¾Łĝ¾~¾‹”ŁŠòŁì”·‹Ä½§¾¡ŁÜìÄŁÄàÜÖÜ~¾§¾¡Łleaders to our team: Pete Manca as President of ourAdvanced Computing segment and Nate Olmstead as¥§” Ł#§¾~¾‹§~·ŁE ĝ‹”ÒŁÄ ŁP”¾¡à§¾ŁWÄ·àܧľÖŅŁ*¾‹ń •