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Will Credo's Strong Cash Position Aid in Capturing AI Opportunities?
ZACKSยท 2025-08-21 16:40
Key Takeaways Credo Technology Group Holding Ltd (CRDO) ended fiscal 2025 strongly with revenue growth of 126% and a fortified balance sheet with a cash position of $431.3 million and no debt. The company generated fourth- quarter fiscal 2025 cash flow from operating activities of $57.8 million, up $53.6 million from the third quarter, driven by strong cash collections from the product ramp. Management has signaled confidence that this financial flexibility will continue to fuel the next leg of growth, whil ...