The pair have withdrawn their divorce papers.
The couple, who filed divorce papers in December after 11 years of marriage, reportedly asked that divorce proceedings be dismissed.
The news says Penn and his wife were also spotted at an Eddie Vedder concert in San Francisco Tuesday night. (Penn and Vedder are close pals, and Vedder wrote music for Penn's movie
Into the Wild.)
There was no immediate comment from a rep for the actors.
Penn initially filed for divorce from his wife on Dec. 7 in Marin County, Calif., Superior Court, though his petition was later dismissed.
Three days later, Wright Penn filed her own paperwork. Their first hearing was scheduled for April 21.
Etichette: The Wedding of the Year