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Is Credo Technology's Strong Cash Position a Competitive Advantage?
ZACKS· 2025-11-21 16:26
Key Takeaways CRDO posted record Q1 revenue growth of 274% and a cash position of $479.6M.Healthy cash position supports AI-driven product expansion amid intense competition.CRDO sees mid-single-digit sequential growth and about 120% year-over-year revenue gains.Credo Technology Group Holding Ltd ((CRDO) ended the first quarter of fiscal 2026 strongly, with revenue growth of 274% and a fortified balance sheet, boasting a cash position of $479.6 million. Management has signaled confidence that this financial ...