Credo Technology Group Holding Ltd. (NASDAQ: CRDO) surged 8.29% last week, closing at $177.60 ahead of its earnings report. The company is set to release its financial and operating highlights for Q2 of fiscal year 2026 after market close on December 1, with a conference call to follow.
The company provided growth guidance for Q2, expecting revenues between $230 million and $240 million, a GAAP gross margin of 63.5% to 65.5%, and operating expenses of $96 million to $98 million. Credo also entered into a licensing agreement with The Siemon Company for its active electrical cable technology.
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Read more at Yahoo Finance: Credo (CRDO) Surges 8.3% Ahead of Earnings
