Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd. engages in the development of connectivity solutions and products for the data infrastructure market. Its products include integrated circuits, active electrical cables, and SerDes chiplets. The company was founded in September 2014 and is headquartered in San Jose, CA.

Earnings data Q3 2022

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Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

CRDO reports record revenue and anticipates strong growth opportunities

CRDO reported strong financial performance with record revenue and a notable increase in non-GAAP gross margin. The company's strategic alignment with optical module companies and unique marketing approach for DSPs position them well for growth. While potential cannibalization and power challenges may pose concerns, the company sees significant opportunities in the data center and anticipates market takeoff for 800-gig optical deployments.

Credo reports Q2 revenue of $35.1M, anticipates growth in 800 gig market

CRDO's Q2 fiscal '24 earnings call highlighted revenue performance, market opportunities, and customer engagements. The company faces caution for the second half of fiscal '24 while anticipating growth in the 800 gig market and significant production commitments for optical DSP in FY '25. Credo's strengths lie in its progress with hyperscalers, integration into Tesla's chips, and positioning for next-gen AI architectures.

Credo Technology Group Holding Ltd reports robust Q3 earnings amidst forecast challenges

Credo Technology Group Holding Ltd's Q3 performance reflects strong revenue growth and technological advancements, though challenges lie ahead with a forecast reduction by its largest customer. The company remains optimistic about growth opportunities, especially in AEC solutions and future programs.

Credo Technology Group reports robust fiscal 2023 performance and eyes data center opportunities

Credo Technology Group Holding Ltd (CRDO) delivered strong financial performance in fiscal 2023, driven by product and license revenue growth.
The company faces challenges in revenue adjustments, slow ramp of optical DSPs, and uncertainties related to generative AI impact.
Despite challenges, Credo's focus on innovative solutions, power efficiency, and market opportunities positions it for continued growth and competitiveness.

Credo Technology Group reports solid Q1 performance and eyes growth opportunities

Credo Technology Group's Q1 performance was strong, driven by high-speed connectivity solutions and solid financials, with Q2 revenue guidance showing growth potential.
The company's strengths lie in AEC and optical solutions, with notable partnerships and market positioning enhancing its competitive edge.
Challenges include revenue variability and sustaining exceptional growth rates, while opportunities in 800-gig market, collaborations, and technological advancements offer avenues for future growth.

Credo Technology Group (CRDO) excels in Q2, eyes market expansion

Credo Technology Group Holding Ltd (CRDO) delivered a strong Q2 performance with revenue growth, high gross margins, and positive financial outlook, positioning the company for long-term success.
Despite facing challenges in market competition and operational execution, Credo's strengths in innovation, customer relationships, and market positioning offer opportunities for growth and expansion.
With a focus on high-speed connectivity solutions, AI applications, and product innovation, Credo is well-positioned to capitalize on market opportunities and drive future revenue growth and profitability.

Credo Technology Group reports strong Q3 earnings and eyes growth

Credo Technology Group's Q3 performance reflects revenue growth and strong financial position
Strategic focus on high-speed connectivity solutions and diversified customer base driving optimism
Challenges include managing product NREs and ensuring consistent operational efficiency
Opportunities lie in AEC market growth, U.S. hyperscalers' network deployment, and product differentiation

Credo Technology Group reports record revenue, eyes AI growth opportunities

Credo Technology Group Holding Ltd delivered strong financial performance in Q4 and fiscal '24, driven by AI deployments and product line successes. While facing challenges in balancing revenue growth and margin maintenance, the company is leveraging opportunities in AI, customization, and IP licensing for future growth.

Credo Technology Group reports strong Q1 revenue growth and market expansion

CRDO's Q1 performance reflects robust revenue growth and margin stability, driven by AI deployments and product expansion.
The company faces challenges in managing expenses and sustaining margins amidst market fluctuations and competition.
Opportunities lie in new market entries, identified growth programs, and expanding business segments for CRDO's future growth.
With a positive revenue outlook for Q2 and a focus on operational efficiency, CRDO is poised for continued success in 2025.

Credo Technology Group (CRDO) excels in Q2, eyes PCIe market

Credo Technology Group Holding Ltd (CRDO) delivered robust Q2 2025 results, driven by strong revenue growth and record performances in key product segments. The company's strategic focus on high-speed solutions and market diversification positions it for continued success.
While facing challenges in a competitive market and customer expansion, Credo's technological expertise, growth projections, and market alignment present promising opportunities for future growth and innovation.
Overall, Credo's Q2 performance reflects its resilience, market adaptability, and growth potential, signaling a positive outlook for the company's trajectory and market positioning in the coming quarters.

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Credo Technology Group Holding Ltd. engages in the development of connectivity solutions and products for the data infrastructure market. Its products include integrated circuits, active electrical cables, and SerDes chiplets. The company was founded by Chi Fung Cheng and Yat Tung Lam in September 2014 and is headquartered in George Town, Cayman Islands.

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SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Devices Selected by Keysight Technologies for 800GE Test Solutions

Credo Devices Selected by Keysight Technologies for 800GE Test Solutions

SAN JOSE, Calif., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that Bill Brennan, CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference.

Credo to Present at Goldman Sachs 2022 Communacopia + Technology Conference

Credo Technology Group Holding Ltd. (NASDAQ:CRDO ) Q1 2023 Earnings Conference Call August 31, 2022 5:00 PM ET Company Participants Daniel O'Neil - Vice President of Corporate Development & Investor Relations William Brennan - President & Chief Executive Officer Daniel Fleming - Chief Financial Officer Conference Call Participants Vivek Arya - Bank of America Toshiya Hari - Goldman Sachs Vijay Rakesh - Mizuho Suji Desilva - ROTH Tore Svanberg - Stifel Trevor Janoskie - Needham & Company Operator Ladies and gentlemen, thank you for standing by.

Credo Technology Group Holding Ltd. (CRDO) Q1 2023 Earnings Call Transcript

SAN JOSE, Calif., Aug. 31, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the first quarter of fiscal year 2023, ended July 30, 2022.

Credo Technology Group Holding Ltd Reports First Quarter of Fiscal Year 2023 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Introduces 800Gbps and 400Gbps Optical Digital Signal Processors with Integrated Drivers

Credo Introduces 800Gbps and 400Gbps Optical Digital Signal Processors with Integrated Drivers

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Joins International Optical Industry Leaders at ECOC and CIOE Trade Shows

Credo Joins International Optical Industry Leaders at ECOC and CIOE Trade Shows

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Launches Comprehensive Family of 112G PAM4 SerDes IP for TSMC N5 and N4 Process Technologies

Credo Launches Comprehensive Family of 112G PAM4 SerDes IP for TSMC N5 and N4 Process Technologies

SAN JOSE, Calif., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO) today announced it will hold a conference call on Wednesday, August 31, 2022, at 2:00 p.m. Pacific Time to discuss its financial results for the fiscal first quarter ended July 30, 2022.

Credo Schedules First Quarter Fiscal Year 2023 Financial Results Conference Call

Among the top IPO stocks to buy and watch, Credo Technology is approaching a buy point in today's market after surging more than 100%. The post IPO Stock Of The Week: Credo Technology 100% Surge Offers New Buy Point appeared first on Investor's Business Daily.

IPO Stock Of The Week: Credo Technology 100% Surge Offers New Buy Point

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Data infrastructure networking solutions and licenses provider Credo Technology (NASDAQ: CRDO) stock is only down a merciful (-3%) for the year.

Credo Technology Stock is Rebounding

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SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (NASDAQ: CRDO) today announced the availability of its Ostrich 40G, PAM3 Serializer/Deserializer (SerDes) PHY/PMA Intellectual Property (IP). Credo's Ostrich IP provides a silicon proven platform which moves to 40G speeds from existing 20G deployments as a wide range of industry connectivity standards continue the trend of doubling in speed. The specification, development, and verification of the Ostrich 40G PAM3 IP was under

Credo Introduces Industry Leading 40Gbps PAM3 SerDes Technology To Address New Markets Requiring High-speed, Low-Power Connectivity

Credo Technology Group Holding Ltd. (NASDAQ:CRDO ) Q4 2022 Earnings Conference Call June 1, 2022 5:00 PM ET Company Participants Dan O'Neil - VP, Corporate Development and IR Bill Brennan - President and CEO Dan Fleming - CFO Conference Call Participants Toshiya Hari - Goldman Sachs Vivek Arya - Bank of America Tore Svanberg - Stifel Quinn Bolton - Needham Vijay Rakesh - Mizuho Suji Desilva - ROTH Capital Operator Ladies and gentlemen, thank you for standing by.

Credo Technology Group Holding Ltd. (CRDO) CEO Bill Brennan on Q4 2022 Results Earnings Call Transcript

SAN JOSE, Calif., June 01, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the fourth quarter and full fiscal year, ended April 30, 2022.

Credo Technology Group Holding Ltd Reports Fourth Quarter and Fiscal Year 2022 Financial Results

SAN JOSE, Calif., May 31, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that Dan Fleming, CFO, is scheduled to present at the following upcoming investor conference.

Credo to Present at Stifel 2022 Cross Sector Insight Conference

SAN JOSE, Calif., May 12, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced it will hold a conference call on Wednesday, June 1, 2022, at 2:00 p.m. Pacific Time to discuss its financial results for the fiscal fourth quarter and full year ended April 30, 2022.

Credo Schedules Fourth Quarter and Fiscal Year 2022 Financial Results Conference Call

SAN JOSE, Calif., March 09, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the third quarter of fiscal year 2022, ended January 31, 2022.

Credo Technology Group Holding Ltd Reports Third Quarter of Fiscal Year 2022 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (NASDAQ: CRDO) today introduced the new Sparrow 800G gearbox and Heron 1.6T retimer/gearbox devices targeted at hyperscale data centers and telecom service providers. The new Sparrow and Heron devices are built around Credo's core low-power, high-performance DSP technology to offer improved line card functionality. The devices deliver the increased bandwidth, improved power, and cost efficiency required to support the large,

Credo Targets Hyperscale Data Centers & Telecom with Multiple New Line Card Devices

SAN JOSE, Calif., March 07, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO) today announced that Bill Brennan, CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference.

Credo to Present at 34th Annual Roth Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Expands High Performance Seagull Family with Integrated 50Gbps PAM4 VCSEL and EML Drivers

Credo Expands High Performance Seagull Family With Integrated 50Gbps PAM4 VCSEL and EML Drivers

Credo Technology Group Holding Ltd (NASDAQ: CRDO) is an emerging cloud networking specialist that estimates its addressable market to grow at a compounded annual growth rate (CAGRA) of nearly 49%, according to BofA Securities. The Credo Technology Analyst: Vivek Arya initiated coverage of Credo.

Why This Analyst Believes In Credo Technology

SAN JOSE, Calif., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO) today announced it will hold a conference call on Wednesday, March 9, 2022, at 2:00 p.m. Pacific Time to discuss its financial results for the fiscal third quarter ended January 31, 2022.

Credo Schedules Third Quarter Fiscal Year 2022 Financial Results Conference Call

Credo Technology Group Holding Ltd (NASDAQ: CRDO) completed an initial public offering of 20 million shares at $10.00 per share.  The company raised $183.8 million from the offering.

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