Credo Technology Group Stock News

Next-generation data center equipment specialist Credo Technology Group (CRDO 5.06%) had an excellent week on the market with its stock. According to data compiled by S&P Global Market Intelligence, it surged by over 14% over the period after posting quite an impressive set of quarterly results.

Robert Bresnahan, an American politician and businessman serving as the representative for Pennsylvania's 8th congressional district, reported dozens of new stock trades on July 9.

Credo Technology's revenue growth hit an inflection point a few quarters ago, and so did the company's execution. Strong top- and bottom-line growth was driven by increased demand across the expanding customer base. Customer concentration risk is improving, with Amazon's share of quarterly revenues declining and with two more hyperscaler customers exceeding the 10% of revenue threshold in fisca...

The company's July-quarter results and guidance came in above Wall Street's expectations, and some analysts see upside for its AEC and optical offerings.

Credo Technology Group Holding Ltd (NASDAQ:CRDO ) Q1 2026 Earnings Call September 3, 2025 5:00 PM EDT Company Participants Daniel O'Neil - Vice President of Corporate Development & Investor Relations William Brennan - President, CEO & Chairman Daniel Fleming - Chief Financial Officer Conference Call Participants Karl Ackerman - BNP Paribas Exane, Research Division Vivek Arya - BofA Securities, ...

Credo Technology obliterated Wall Street's targets for its fiscal first quarter and guided higher than views for the current period. Credo stock jumped.

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency for the next generation of AI-driven applications, cloud computing and hyperscale networks, today reported financial results for the first quarter of fiscal year 2026, ended Augus...

Credo stock jumped to a record high as the maker of high-speed connectivity gear for data centers is due to report fiscal Q1 results.