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Credo (CRDO) Surges 8.3% Ahead of Earnings
Yahoo Finance· 2025-12-01 14:12
Group 1 - Credo Technology Group Holding Ltd. (NASDAQ:CRDO) has shown strong performance, with an 8.29% increase in stock price, closing at $177.60, as investors prepare for upcoming earnings results [1][3] - The company is set to release its financial and operating highlights for Q2 of fiscal year 2026 after market close on December 1, followed by a conference call to discuss the results [2] - Credo has provided growth guidance for Q2, expecting revenues between $230 million and $240 million, GAAP gross margin between 63.5% and 65.5%, and operating expenses of $96 million to $98 million [3] Group 2 - Credo Technology announced a licensing agreement with The Siemon Company regarding its patents for active electrical cable technology, although specific details were not disclosed due to non-disclosure agreements [4]