NasdaqGS:CRDOSemiconductor
Credo Technology Group Holding (CRDO) Projects Revenue Growth with Strong Earnings Performance
Credo Technology Group Holding (CRDO) recently posted a robust first-quarter earnings report, marking a significant turnaround with $223 million in revenue and a net income of $63 million, compared to a loss last year. This financial performance, combined with optimistic guidance for the next quarter, sparked a remarkable 71% rise in its share price over the last quarter. Additionally, settlements with Volex and Amphenol resolved ongoing patent disputes, potentially contributing to...