CRDO - Credo Technology Non-GAAP EPS of -$0.04 in-line revenue of $32.09M beats by $0.83M

2023-05-31 16:26:22 ET

• Credo Technology press release ( NASDAQ: CRDO ): Q4 Non-GAAP EPS of -$0.04 in-line.
• Revenue of $32.09M (-14.5% Y/Y) beats by $0.83M .
• Q1 Outlook: Revenue is expected to be between $33.0 million and $35.0 million
• GAAP gross margin is expected to be between 57.8% and 59.8%, and non-GAAP gross margin is expected to be between 58.0% and 60.0%
• GAAP operating expenses are expected to be between $34.0 million and $36.0 million, and non-GAAP operating expenses are expected to be between $26.0 million and $28.0 million.
• Shares +0.6% .

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