Key insights
- Credo Technology Holding (CRDO) reported strong Q2 results, beating EPS and revenue estimates. The company also provided Q1 2027 revenue guidance that met consensus. CRDO's stock has shown significant appreciation over the past year. While this is a positive company-specific event, it does not represent a leading indicator for the broader US equity market.
Investing.com - Credo Technology Holding (NASDAQ: CRDO) reported second quarter EPS of $1.16, $0.14 better than the analyst estimate of $1.02. Revenue for the quarter came in at $437M versus the consensus estimate of $431.79M.
Credo Technology Holding sees Q1 2027 revenue of $465.00M-$476.00M versus the analyst consensus of $464.70M.
Credo Technology Holding’s stock price closed at $226.10. It is up 97.05% in the last 3 months and up 261.18% in the last 12 months.
Credo Technology Holding saw 12 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Credo Technology Holding’s stock price’s past reactions to earnings here.
According to InvestingPro, Credo Technology Holding’s Financial Health score is "excellent performance".
Check out Credo Technology Holding’s recent earnings performance, and Credo Technology Holding’s financials here.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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