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Can Credo Maintain Margin Strength as Its Business Accelerates?
ZACKSยท 2025-12-05 18:25
Key Takeaways Credo posts Q2 gross margin of 67.7% and revenues up 20% sequentially and 272.1% year over year.Strong AEC and IC demand plus disciplined expenses fueled sharp operating and net-margin gains.Fiscal 2026 guidance points to mid-single-digit sequential growth and roughly 170% annual revenue growth.Credo Technology Group Holding Ltd (CRDO) delivered another record-setting quarter in the second quarter of fiscal 2026, showcasing not only powerful top-line momentum but also notable margin expansion. ...