Credo Technology Group Q1 2025 GAAP EPS $0.04, Inline, Sales $59.70M Beat $59.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Credo Technology Group reported Q1 2025 earnings per share of $0.04, meeting expectations, and sales of $59.70 million, slightly beating estimates. Sales increased by 70.11% compared to the same period last year.
September 04, 2024 | 8:09 pm
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Credo Technology Group's Q1 2025 earnings per share met expectations, while sales slightly exceeded estimates, showing a significant year-over-year growth of 70.11%.
The company's earnings per share met expectations, which is neutral, but the sales beat and significant year-over-year growth are positive indicators. This suggests a likely positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100