Credo Technology Expects Q2 Revenue Of $42M-$44M, Est. $40.32M
Portfolio Pulse from Benzinga Newsdesk
Credo Technology has projected its Q2 revenue to be between $42M-$44M, which is higher than the estimated $40.32M.
August 24, 2023 | 8:14 pm
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POSITIVE IMPACT
Credo Technology's Q2 revenue projection of $42M-$44M exceeds the estimated $40.32M, which could positively impact its stock.
Credo Technology's higher than expected Q2 revenue projection indicates strong financial performance, which is likely to boost investor confidence and potentially drive up the stock price of CRDO in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100