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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: Julius Wong who wrote (95490)12/1/2025 4:28:16 PM
From: Return to Sender   of 95573
 
Credo Technology Group beats by $0.18, beats on revs; guides Q3 revs above consensus

-3.64%

Reports Q2 (Oct) earnings of $0.67 per share, excluding non-recurring items, $0.18 better than the FactSet Consensus of $0.49; revenues rose 272.1% year/year and 20.2% sequentially to $268.03 mln vs the $234.99 mln FactSet Consensus. Co issues upside guidance for Q3 (Jan), sees Q3 revs of $335-345 mln vs. $247.60 mln FactSet Consensus."These are the strongest quarterly results in Credo's history, and they reflect the continued build-out of the world's largest AI training and inference clusters. Looking forward, the combination of continued growth in our core AEC and IC franchises, plus the upcoming ramps of our recently announced ZeroFlap Optics, ALCs, and OmniConnect gearbox solutions, gives us an outlook with strong revenue growth and profitability through fiscal 2026 and beyond."
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