Welcome to our dedicated page for Credo Technology Group Holding Ordinary Shares news (Ticker: CRDO), a resource for investors and traders seeking the latest updates and insights on Credo Technology Group Holding Ordinary Shares stock.
Credo Technology Group Holding Ltd (Nasdaq: CRDO) is a key player in the data infrastructure market, specializing in providing high-speed connectivity solutions that address the ever-increasing bandwidth requirements. The company's innovative products enhance power and cost efficiency, making significant strides in breaking bandwidth barriers across every wired connection.
Headquartered in San Jose, Calif., Credo focuses on delivering secure and high-speed connectivity solutions optimized for optical and electrical Ethernet applications. Its offerings cater to markets like 100G, 200G, 400G, 800G, and the emerging 1.6T ports. The company's product portfolio includes Integrated Circuits (ICs) for optical and line card markets, Active Electrical Cables (AECs), and SerDes Chiplets, all based on proprietary Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies.
Credo's mission is to resolve system bandwidth bottlenecks while improving power efficiency, security, and reliability. This mission is underscored by the company's recent achievements and current projects, consistently pushing the envelope in the data infrastructure market.
Recent news highlights Credo's ongoing commitment to transparency and stakeholder engagement. On February 12, 2024, Credo announced a conference call to discuss its fiscal third-quarter financial results on February 27, 2024. This follows the release of their third-quarter fiscal year 2024 financial results after the market closes on the same day. Interested parties are encouraged to join the call via an online registration. A replay will be available on Credo’s Investor Relations website.
Moreover, the announcement for the fourth quarter and fiscal year 2024 financial results is slated for dissemination on May 29, 2024. This event will also include a detailed conference call, inviting stakeholders to gain insights into Credo's financial performance and future outlook.
Credo stands out with its robust portfolio of IP solutions, primarily centered around SerDes IP licensing. The company's innovations are pivotal in easing system bandwidth constraints, supporting the exponential growth in data rates and bandwidth requirements in today's digital world.
For the latest updates and detailed information, Credo encourages stakeholders to visit their official website and follow the company on LinkedIn.
Credo Technology Group Holding (Nasdaq: CRDO), a provider of secure, high-speed connectivity solutions with improved energy efficiency, has announced its fiscal Q1 2025 financial results conference call. The call is scheduled for August 28, 2024, at 2:00 p.m. Pacific Time. Credo will release its Q1 FY2025 financial results after market close on the same day. Interested parties can join the call by registering online and are advised to dial in at least 10 minutes before the start. A live webcast will be available on Credo's Investor Relations website, with a replay accessible afterwards.
Credo Technology Group Holding (NASDAQ: CRDO) announced that its President and CEO, Bill Brennan, along with CFO, Dan Fleming, will present at the 2024 Mizuho Technology Conference. The presentation is scheduled for Wednesday, June 12, 2024, at 1:15 p.m. ET in New York City.
The event will be webcast live on Credo’s investor relations website, with a replay available soon after the event.
Credo Technology Group Holding (Nasdaq: CRDO) announced its Q4 and full fiscal year 2024 financial results. The company reported a significant revenue growth of 89.4% year over year, reaching $60.8 million for Q4. GAAP gross margin was 65.8%, and non-GAAP gross margin was 66.1%. GAAP operating expenses stood at $47.8 million, while non-GAAP operating expenses were $32.7 million. Q4 saw a GAAP net loss of $10.5 million, but a non-GAAP net income of $11.8 million. GAAP diluted net loss per share was $0.06 and non-GAAP diluted net income per share was $0.07. The company closed the fiscal year with a cash and short-term investment balance of $410 million. Looking ahead, Credo expects Q1 FY 2025 revenue to be between $58 million and $61 million, with GAAP gross margin between 62.3% and 64.3% and non-GAAP gross margin between 63.0% and 65.0%.
Credo Technology Group Holding (NASDAQ: CRDO) will present at the Stifel 2024 Cross Sector Insight Conference on June 5, 2024, at 11:30 a.m. ET in Boston, MA. Bill Brennan, President and CEO, along with CFO Dan Fleming will represent the company. The presentation will be webcast live and available for replay on Credo's investor relations website. Credo focuses on providing secure, high-speed connectivity solutions with improved energy efficiency.
Credo Technology Group Holding (Nasdaq: CRDO) will hold a conference call on May 29, 2024, to discuss its financial results for the fourth quarter and fiscal year ended April 27, 2024. Interested parties can join the call online or via webcast.
FAQ
What is the current stock price of Credo Technology Group Holding Ordinary Shares (CRDO)?
What is the market cap of Credo Technology Group Holding Ordinary Shares (CRDO)?
What does Credo Technology Group Holding Ltd specialize in?
What are Credo's core technologies?
When is Credo's next financial results announcement?
How can I join Credo's financial results conference call?
What market segments does Credo's product portfolio cater to?
What are some of Credo's recent achievements?
Where is Credo Technology Group Holding Ltd headquartered?
What products does Credo offer?
What is Credo's mission?
Where can I find more information about Credo's latest updates?
