Credo Technology Group Q4 EPS $0.07 Beats $0.05 Estimate, Sales $60.78M Beat $60.72M Estimate
Portfolio Pulse from Benzinga Newsdesk
Credo Technology Group (NASDAQ:CRDO) reported Q4 earnings of $0.07 per share, beating the analyst estimate of $0.05. Sales were $60.78 million, slightly above the $60.72 million estimate. This marks a significant improvement from the same period last year.
May 29, 2024 | 8:12 pm
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Credo Technology Group reported Q4 earnings of $0.07 per share, beating the analyst estimate of $0.05. Sales were $60.78 million, slightly above the $60.72 million estimate. This marks a significant improvement from the same period last year.
The company significantly outperformed its earnings estimates and showed substantial year-over-year growth in both EPS and sales. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100