NasdaqGS:CRDOSemiconductor
Is Credo’s Surging Profitability And Raised Outlook Altering The Investment Case For Credo Technology (CRDO)?
In the past quarter, Credo Technology Group Holding Ltd reported a jump in revenue to US$268.03 million and moved from a small loss to US$82.64 million in net income, with earnings per share turning positive on both a basic and diluted basis.
Alongside these stronger results, Credo issued higher third-quarter fiscal 2026 revenue guidance of US$335 million to US$345 million, signaling management’s confidence in continued demand for its high-speed connectivity solutions.
With revenue and...