Credo Stock Craters Despite Earnings Beat as Analysts Find Weak Spots
Yahoo Finance · Sep 2, 2026 · Credo Technology Group Holding Ltd (CRDO)
Shares of Credo Technology cratered Wednesday as analysts gave mixed reactions to Tuesday night’s earning report from the maker of electrical cables and optical digital signal processors used in artificial intelligence data centers. Looking ahead, the company expects continued revenue growth. For the current quarter fiscal quarter ending in October, it is guiding at between $525 million and $535 million.
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