CRDO News and Press, Credo Technology Group Holding Ltd From 08/31/23

2023-08-31 07:11:58 ET Summary I reiterate hold rating recommended due to valuation and potential stock price volatility. The concentration of customers and the inherent lumpiness of cloud CAPEX projects raise concerns about the predictability of revenue trajectory. CRDO compe...

2023-08-24 21:53:09 ET Credo Technology Group Holding Ltd (CRDO) Q1 2024 Earnings Conference Call August 24, 2023, 04:15 PM ET Company Participants Dan O'Neil - VP-Corporate Development and IR Bill Brennan - CEO Dan Fleming - CFO Conference Call Participant...

2023-08-24 16:22:25 ET More on Credo Technology Credo: Super Growth On HiWire Adoption Credo Technology: Gross Margin Should Expand But Valuation Is Still Expensive Credo Technology Group Holding Ltd ( CRDO ) Q4 2023 Earnings Call Transcript Credo Technol...

SAN JOSE, Calif., Aug. 24, 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...

2023-08-20 08:15:00 ET Related stocks stories: Compare metrics for NVDA to LOW, PTON, WDAY Nvidia continues run as Wall Street continues to praise ahead of Q2 results Nvidia: Don't Be The Greatest Fool Nvidia: 'Supercycle' Era Awaits, I'm Not Running This Tim...

SAN JOSE, Calif., Aug. 14, 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...

SAN JOSE, Calif., Aug. 10, 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...

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,...

2023-07-27 07:05:08 ET Summary Credo Technology Group experienced exceptional growth of 73% in FY2023, driven by a robust annual growth rate of 132% in its Product Sales segment over the past three years. Despite competition from larger companies like Broadcom and Marvell, CRDO is...

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...