Credo Technology Group Holding Ltd

CRDO

KYG254571055

Semiconductors

Market Closed - Nasdaq Other stock markets 16:00:00 2024-06-24 EDT			5-day change	1st Jan Change
27.29 ^USD	-0.73%		-4.51%	+40.16%

06-10	Credo Technology Group Holding Insider Sold Shares Worth $10,213,979, According to a Recent SEC Filing	MT
06-03	Credo Technology Group Holding Insider Sold Shares Worth $503,052, According to a Recent SEC Filing	MT

Credo Technology Group Holding Ltd Reports Earnings Results for the Fourth Quarter Ended April 27, 2024

May 29, 2024 at 04:05 pm

Credo Technology Group Holding Ltd reported earnings results for the fourth quarter ended April 27, 2024. For the fourth quarter, the company reported revenue was USD 60.78 million compared to USD 32.09 million a year ago. Net loss was USD 10.48 million compared to USD 15.94 million a year ago.

Basic loss per share from continuing operations was USD 0.06 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to USD 0.11 a year ago.

Latest news about Credo Technology Group Holding Ltd

Credo Technology Group Holding Insider Sold Shares Worth $10,213,979, According to a Recent SEC Filing	06-10	MT
Credo Technology Group Holding Insider Sold Shares Worth $503,052, According to a Recent SEC Filing	06-03	MT
BofA Securities Adjusts Price Target on Credo Technology Group to $25 From $22, Maintains Underperform Rating	06-03	MT
Sector Update: Tech Stocks Mixed Thursday Afternoon	05-30	MT
Credo Technology Group Swings to Non-GAAP Earnings in Fiscal Q4 as Revenue Rises; Q1 Outlook Set; Shares Rise	05-30	MT
Needham Adjusts Price Target on Credo Technology to $29 From $26, Maintains Buy Rating	05-30	MT
Transcript : Credo Technology Group Holding Ltd, Q4 2024 Earnings Call, May 29, 2024	05-29
Credo Technology Group Swings to Non-GAAP Earnings in Fiscal Q4 as Revenue Rises; Q1 Outlook Set	05-29	MT
Earnings Flash (CRDO) CREDO TECHNOLOGY GROUP HOLDING Reports Q4 Revenue $60.8M, vs. Street Est of $60.8M	05-29	MT
Earnings Flash (CRDO) CREDO TECHNOLOGY GROUP HOLDING Reports Q4 EPS $0.07, vs. Street Est of $0.05	05-29	MT
Credo Technology Group Holding Ltd Reports Earnings Results for the Full Year Ended April 27, 2024	05-29	CI
Credo Technology Group Holding Ltd Provides Earnings Guidance for the First Quarter of Fiscal Year 2025	05-29	CI
Credo Technology Group Holding Ltd Reports Earnings Results for the Fourth Quarter Ended April 27, 2024	05-29	CI
Credo Technology Group Holding Insider Sold Shares Worth $1,048,999, According to a Recent SEC Filing	05-22	MT
Credo Technology Group Holding Insider Sold Shares Worth $571,179, According to a Recent SEC Filing	05-20	MT
Credo Technology Group Holding Insider Sold Shares Worth $958,397, According to a Recent SEC Filing	05-14	MT
Credo Technology Group Holding Insider Sold Shares Worth $517,547, According to a Recent SEC Filing	05-03	MT
Credo Technology Group Holding Insider Sold Shares Worth $957,622, According to a Recent SEC Filing	05-03	MT
Credo Technology Group Holding Insider Sold Shares Worth $951,821, According to a Recent SEC Filing	04-23	MT
Credo Technology Group Holding Insider Sold Shares Worth $559,475, According to a Recent SEC Filing	04-18	MT
Craig-Hallum Adjusts Price Target on Credo Technology Group Holding to $30 From $28, Maintains Buy Rating	04-15	MT
Credo Technology Group Holding Insider Sold Shares Worth $660,450, According to a Recent SEC Filing	04-08	MT
Credo Technology Group Holding Insider Sold Shares Worth $3,482,880, According to a Recent SEC Filing	04-05	MT
Credo Technology Group Holding Insider Sold Shares Worth $1,172,226, According to a Recent SEC Filing	04-03	MT
Credo Technology Group Holding Ltd Appoints Clyde Hosein as Class III Director and Member of Audit Committee, Effective April 3, 2024	04-02	CI

Chart Credo Technology Group Holding Ltd

Duration

Period

Chart Credo Technology Group Holding Ltd

More charts

Company Profile

Credo Technology Group Holding Ltd is a Cayman Islands-based holding company. The Company delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Its connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100 gigabits per second (G), 200G, 400G, 800G and the emerging 1.6 terabits per second (T) port markets. Its products are based on its Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Its product families include integrated circuits (ICs) for the optical and line card markets, active electrical cables (AECs) and SerDes Chiplets. The Companyâs intellectual property (IP) solutions consist primarily of SerDes IP licensing.

Sector

Semiconductors

Calendar

2024-08-27 - Q1 2025 Earnings Release (Projected)

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Credo Technology Group Holding Ltd

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

27.29 USD

Average target price

27.83 USD

Spread / Average Target

+1.99%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Semiconductors

	1st Jan change	Capi.
CREDO TECHNOLOGY GROUP HOLDING LTD	+40.16%	4.46B
NVIDIA CORPORATION	+138.50%	2,903B
TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY)	+58.52%	753B
BROADCOM INC.	+42.64%	741B
AMD (ADVANCED MICRO DEVICES)	+8.72%	259B
QUALCOMM, INC.	+38.86%	224B
TEXAS INSTRUMENTS INCORPORATED	+13.71%	177B
ARM HOLDINGS PLC	+101.04%	157B
INTEL CORPORATION	-39.16%	130B
SK HYNIX INC.	+57.60%	111B

Other Semiconductors