Credo Earnings: Is AI Broken?
Source: SeekingAlpha
2026-03-03 12:41:40 ET
Credo Technology Group Holding Ltd ( CRDO ) reported its Q3 FY26 earnings after the bell on Monday. Despite a top and bottom beat, the stock plunged as much as 16% after the market opened, as shown below. The results topped Street estimates , with adjusted EPS of $1.07 versus a consensus of $0.95 and revenue of $407M, ahead of the expected $400M, and are guiding for Q4 revenue in the range of $425M-$435M, again hitting above consensus at $422M. So, why is the stock crashing after the print?...
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Credo Earnings: Is AI Broken?
Credo Technology Group Holding Ltd
NASDAQ: CRDO
CRDO Trading
-6.7% G/L:
$111.22 Last:
666,172 Volume:
$113.08 Open:
CRDO Latest News
March 02, 2026 04:05:00 pm
Credo Technology Group Holding Ltd Reports Third Quarter of Fiscal Year 2026 Financial Results
CRDO Stock Data
$24,334,705,184
159,244,923
9.46%
314
N/A
Hardware & Equipment
Technology
KY
Grand Cayman
