Insights into Credo Technology Group Q2 Earnings

The earnings results for Credo Technology Group CRDO for Q2 were made public on Monday, December 2, 2024 at 04:05 PM.

Here’s a comprehensive overview of the announcement.

Credo Technology Group beat estimated earnings by 40.0%, reporting an EPS of $0.07 versus an estimate of $0.05.

Revenue was up $28.00 million from the same period last year.

The company missed on EPS by $0.0 in the previous quarter, leading to a 15.0% drop share price change the next day.

Here’s a look at Credo Technology Group’s past performance:

Quarter	Q1 2025	Q4 2024	Q3 2024	Q2 2024
EPS Estimate	0.04	0.05	0.03	0
EPS Actual	0.04	0.07	0.04	0.01
Revenue Estimate	59.54M	60.72M	52.04M	42.70M
Revenue Actual	59.71M	60.78M	53.06M	44.03M

To track all earnings releases for Credo Technology Group visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.