Key TakeawaysCredo Technology Group Holding beat second-quarter profit and sales estimates as the boom in artificial intelligence boosted demand for its connectivity solutions for data centers.The company also predicted better-than-expected current-quarter revenue.Shares of Credo traded at an all-time high Tuesday. Shares of Credo Technology Group Holding (CRDO) soared 40% to an all-time high Tuesday, a day after the provider of high-speed connectivity solutions for data centers posted better-than-expected ...

More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid management team, a sound capital allocation policy, and, most importantly, reasonable valuation. I do not chase quarterly results, nor do I follow the herd mentality. I do not use short-term stock performance as the measure of a company' ...

Credo Technology Group Holding Ltd (NASDAQ:CRDO) Q2 2025 Earnings Conference Call December 2, 2024 5:00 PM ET Company Participants Dan O'Neil - VP, Corporate Development and IR Bill Brennan - CEO Dan Fleming - CFO Conference Call Participants Toshiya Hari - Goldman Sachs Thomas O'Malley - Barclays Quinn Bolton - Needham & Company Tore Svanberg - Stifel Vivek Arya - Bank of America Securities Suji Desilva - ROTH Capital Vijay Rakesh - Mizuho Joshua Buchalter - TD Cowen Karl Ackerman - BNP Operator Good day, ...

Credo Technology Group Holding Ltd. (CRDO) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise.Over the last four quarters, the ...

Exhibit 99.1 Credo Reports Second Quarter of Fiscal Year 2025 Financial Results San Jose, Calif. (December 2, 2024) - Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase through the data infrastructure market, today reported financial results for the second quarter of fiscal year 2025, ended November 2, 2024. Second Quarter of Fiscal Year ...

SAN JOSE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase through the data infrastructure market, today reported financial results for the second quarter of fiscal year 2025, ended November 2, 2024. Second Quarter of Fiscal Year 2025 Financial Highlights Revenue of $72.0 million, grew by 20.6% ...

I gave Credo Technology Group (NASDAQ: CRDO ) a buy rating on the 24th of June this year. My key thesis was that CRDO is well positioned to benefit from growing needs for faster data transmission, given its I'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a disc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 3, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ Commission File Number: 001-41249 Credo Technology Group Holding Ltd (Exact name of registrant as specified in its charter) Cayman I ...

Credo 业绩简评 2024 年 9 月 5 日公司披露 FY25Q1（2024.5~2024.7）业绩，公司 FY25Q1 营收为 5971 万美元，同比增长 70%，GAAP 毛利率为 62.4%， 同比+3.2pcts,环比-3.4pcts，GAAP 净利润为-954 万美元， Non-GAAP毛利率为62.9%，同比+3.1pcts，环比-3.2pcts，Non-GAAP 净利润为 704 万美元，同比实现扭亏。 公司指引 FY25Q2 营收为 6500~6800 万美元，GAAP 毛利率为 61.3%~63.3%，Non-GAAP 毛利率为 62.0%~64.0%。公司预计 FY25H2 环比增速将加速。 经营分析 公司 AEC 产品持续放量，有望实现更多大客户导入。公司本财季 营收占比超 10%的客户有两家，其中首个 AEC 大型云厂商客户营收 占比 10%，第二家 AEC 大型云厂商客户营收占比为 52%，公司预计 该客户 AEC 需求在 FY25 年将有较大爬坡。公司预计 FY25Q2 将有 一个新的客户营收占比超过 10%。目前公司来自微软的收入已经回 到历史水平，公司预计亚马逊将成为公司 ...

Credo Technology Group Holding Ltd (NASDAQ:CRDO) Q1 2025 Earnings Conference Call September 4, 2024 5:00 PM ET Company Participants Dan O'Neil - Vice President, Corporate Development and Investor Relations Bill Brennan - President and Chief Executive Officer Dan Fleming - Chief Financial Officer Conference Call Participants Toshiya Hari - Goldman Sachs Tore Svanberg - Stifel Suji Desilva - ROTH Capital Sean O'Loughlin - TD Cowen Karl Ackerman - BNP Paribas Thomas O'Malley - Barclays Quinn Bolton - Needham R ...