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News  ›  Investing.com

Credo Technologies Posted a Blowout Quarter—Here’s What’s Next

Investing.com Logo Investing.com By Thomas Hughes
Credo Technologies Posted a Blowout Quarter—Here’s What’s Next

Credo Technologies reported exceptional Q2 results, driven by AI infrastructure demand, with revenue up 272% year-over-year and strong forward guidance indicating continued growth in high-speed connectivity components.

Insights
CRDO   positive

Reported 272% YoY revenue growth, exceeded analyst estimates by quadruple-digit basis points, strong AI-driven demand, positive guidance, and significant cash flow generation