The earnings results for Credo Technology Group (NASDAQ:CRDO) for Q2 were made public on Monday, December 2, 2024 at 04:05 PM.
Here's a comprehensive overview of the announcement.
Earnings
Credo Technology Group beat estimated earnings by 40.0%, reporting an EPS of $0.07 versus an estimate of $0.05.
Revenue was up $28.00 million from the same period last year.
Analysis of Past Earnings
The company missed on EPS by $0.0 in the previous quarter, leading to a 15.0% drop share price change the next day.
Here's a look at Credo Technology Group's past performance:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 0.05 | 0.03 | 0 |
| EPS Actual | 0.04 | 0.07 | 0.04 | 0.01 |
| Revenue Estimate | 59.54M | 60.72M | 52.04M | 42.70M |
| Revenue Actual | 59.71M | 60.78M | 53.06M | 44.03M |
To track all earnings releases for Credo Technology Group visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
