Credo Technology Group Holding (CRDO) Tops Q4 EPS by 2c

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Go back to Credo Technology Group Holding (CRDO) Tops Q4 EPS by 2c

Credo Technology Group Holding Ltd Reports Fourth Quarter and Fiscal Year 2022 Financial Results

June 1, 2022 4:05 PM EDT

SAN JOSE, Calif., June 01, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the fourth quarter and full fiscal year, ended April 30, 2022.

Q4 Financial Highlights

Revenue of $37.5 million, grew by 90.0% year on yearGAAP gross margin of 63.3% and non-GAAP gross margin of... More