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CRDO News and Press, Credo Technology Group Holding Ltd From 07/11/23

Stock Information

Company Name: Credo Technology Group Holding Ltd
Stock Symbol: CRDO
Market: NASDAQ
Website: credosemi.com

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CRDO - Credo Technology: Gross Margin Should Expand But Valuation Is Still Expensive

2023-07-11 16:42:26 ET Summary I recommend a hold rating for Credo Technology due to its high valuation, despite expectations for margin normalization and growth in key areas. The company's strong balance sheet, with virtually no debt and $217 million in cash, and potential for in...

CRDO - TRUP, SDIG and KNTE are among after hour movers

2023-06-22 17:31:01 ET Gainers: Trupanion ( TRUP ) +15% . Stronghold Digital Mining ( SDIG ) +6% . Pinduoduo ( PDD ) +6% . CareMax ( CMAX ) +5% . Seer ( SEER ) +4% . Losers: Kinnate Biopharma ( KNTE ) -5% . Ca...

CRDO - Catalyst Watch: Apple's WWDC event, OPEC fallout and REITs on display

2023-06-02 15:00:55 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week, or the Seeking Alpha earnings calendar ...

CRDO - Credo Technology Group Holding Ltd (CRDO) Q4 2023 Earnings Call Transcript

2023-05-31 22:04:14 ET Credo Technology Group Holding Ltd (CRDO) Q4 2023 Earnings Conference Call May 31, 2023, 05:00 PM ET Company Participants Dan O'Neil - Vice President-Corporate Development & Investor Relations Bill Brennan - Chief Executive Officer Dan ...

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 e...

CRDO - Credo Technology Group Holding Ltd Reports Fourth Quarter and Fiscal Year 2023 Financial Results

SAN JOSE, Calif., May 31, 2023 (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 ...

CRDO - Credo Technology: The Moment Of Truth Draws Near

2023-05-30 23:48:25 ET Summary The stock has close to doubled in value in about three weeks, but such a powerful move puts CRDO in dangerous waters. CRDO fell after lowering its outlook, but with others getting a boost from AI, the stock has rallied in anticipation of the same hap...

CRDO - RIOT, AI and IOVA are among pre market gainers

2023-05-30 08:34:33 ET Arlington Asset Investment  ( AAIC ) +53% Announce Definitive Merger Agreement. Equitrans Midstream  ( ETRN ) +33% . HeartBeam ( BEAT ) +28% Enters into Strategic Alliance Agreement with Samsung. Wearable Devices  (...

CRDO - Credo to Present at Stifel 2023 Cross Sector Insight Conference

SAN JOSE, Calif., May 17, 2023 (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 ...

CRDO - Credo Schedules Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call

SAN JOSE, Calif., May 15, 2023 (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 ...

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