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Credo Technology Group Holding (CRDO) Tops Q3 EPS by 7c, provides guidance

March 4, 2025 4:08 PM

Credo Technology Group Holding (NASDAQ: CRDO) reported Q3 EPS of $0.25, $0.07 better than the analyst estimate of $0.18. Revenue for the quarter came in at $135 million versus the consensus estimate of $120.29 million.

GUIDANCE:

Credo Technology Group Holding sees Q4 2025 revenue of $155-165 million, versus the consensus of $136.3 million.
GAAP gross margin is expected to be between 62.7% and 64.7%, and non-GAAP gross margin is expected to be between 63.0% and 65.0%
GAAP operating expenses are expected to be between $73.0 million and $75.0 million, and non-GAAP operating expenses are expected to be between $50.0 million and $52.0 million

For earnings history and earnings-related data on Credo Technology Group Holding (CRDO) click here.

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Earnings Guidance