CREDO TECHNOLOGY

Credo reported an adjusted quarterly profit of $1.20 per share and revenue of $479 million, beating expectations, and issued a revenue outlook of $525–535 million. Investors nevertheless punished the stock with intraday losses of about 25% after analysts cut price targets—some significantly—and pointed to slowing growth momentum in the cable business. Some firms maintained positive ratings but called the outlook less convincing than in prior quarters. » More on deraktionaer.de

Credo Technologie beat consensus estimates in Q1 2027 with $479m in revenue and adjusted EPS of $1.20, but the stock fell about 10.3% in pre-market trading. The GAAP gross margin declined from 68.2% to 64.5% and the outlook for Q2 points to further margin pressure, which ran counter to investor expectations. Credo expects headline revenue above $600m for 2027 and overall growth of more than 85%; analysts on average continue to hold to a » More on de.investing.com

Credo reported first-quarter revenue of $479 million and earnings of $1.20 per share, both above consensus, with annual revenue growth of 115% and strong Non‑GAAP margins. Management projects revenue growth of more than 85% for 2027 and expects over $600 million in the optics segment, but is investing heavily in new product launches. Despite the results, the stock plunged sharply in trading as investors focused on valuation, customer concentration and the pace of upcoming product rollouts. For Q2 Credo guides revenue of $525–535 million, a gross margin of 67–69% and higher operating expenses; 2027 is described as a transition year. » More on de.investing.com