- Credo reported adjusted EPS of $1.20 on $479 million in sales for the quarter ended Aug. 1.
- The AI data-center connectivity company beat fiscal Q1 estimates and its sales outlook, yet the stock declined after hours amid continued margin worries.
Quotes
“Credo Technology (CRDO) late Tuesday beat estimates for its fiscal first quarter and with its sales outlook.”
“The San Jose, Calif.-based maker of AI data center connectivity gear earned an adjusted $1.20 a share on sales of $479 million in the quarter ended Aug. 1.”