Credo Technology Group Holding Ltd. (CRDO) Surpasses Q2 Earnings and Revenue Estimates

分组1 - Credo Technology Group Holding Ltd. reported quarterly earnings of $0.67 per share, exceeding the Zacks Consensus Estimate of $0.49 per share, and showing a significant increase from $0.07 per share a year ago, resulting in an earnings surprise of +36.73% [1] - The company achieved revenues of $268.03 million for the quarter ended October 2025, surpassing the Zacks Consensus Estimate by 13.95%, and compared to revenues of $72.03 million in the same quarter last year [2] - Credo Technology Group has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] 分组2 - The stock has increased approximately 164.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 16.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.51 on revenues of $248.11 million, and for the current fiscal year, it is $2.04 on revenues of $967.88 million [7] - The Zacks Industry Rank for Electronics - Semiconductors is currently in the bottom 41% of over 250 Zacks industries, indicating potential challenges for the sector [8]