Credo Stock Soars After Q2 Earnings Report: Here's Why

Benzinga

Yesterday

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) shares soared after the company released its second-quarter earnings report after Monday's closing bell, beating estimates on the top and bottom lines.

Here's a look at the details in the report.

CRDO stock is moving. Watch the price action here.

The Details: Credo reported quarterly adjusted earnings of 67 cents per share, which beat the analyst estimate of 49 cents by 36.18%.

Quarterly revenue came in at $268.03 million, which beat the consensus estimate of $234.92 million and was up from revenue of $72.03 million from the same period last year.

Read Next: Quantum Stocks Bleed Out — Rigetti, D-Wave Down More Than 30%

“In the second quarter, Credo delivered revenue of $268 million, an increase of 20% sequentially and an extraordinary 272% increase year-over-year. 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,” Credo CEO Bill Brennan stated.

Outlook: Credo sees third-quarter revenue in a range of $335 million to $345 million, versus the $247.04 million analyst estimate.

CRDO Stock Price: According to data from Benzinga Pro, Credo stock climbed 15.70% to $197.99 in Monday's extended trading.

Read Next:

Nuclear Stock Meltdown Continues For Oklo, NuScale, Nano

Photo: Shutterstock

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Watch the price action here.</strong></li>\n</ul>\n<p><strong>The Details: </strong>Credo reported quarterly adjusted earnings of 67 cents per share, which beat the analyst estimate of 49 cents by 36.18%.</p>\n<p>Quarterly revenue came in at $268.03 million, which beat the consensus estimate of $234.92 million and was up from revenue of $72.03 million from the same period last year.</p>\n<p><strong>Read Next: </strong><strong><a href=\"https://laohu8.com/S/QMCO\">Quantum</a> Stocks Bleed Out — Rigetti, D-Wave Down More Than 30%</strong></p>\n<p>“In the second quarter, Credo delivered revenue of $268 million, an increase of 20% sequentially and an extraordinary 272% increase year-over-year. 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,” Credo CEO <strong>Bill Brennan</strong> stated.</p>\n<p><strong>Outlook: </strong>Credo sees third-quarter revenue in a range of $335 million to $345 million, versus the $247.04 million analyst estimate.</p>\n<p><strong>CRDO Stock Price:</strong> According to data from Benzinga Pro, Credo stock climbed 15.70% to $197.99 in Monday's extended trading.  </p>\n<p><strong>Read Next: </strong></p>\n<ul>\n<li><strong>Nuclear Stock Meltdown Continues For <a href=\"https://laohu8.com/S/OKLO\">Oklo</a>, <a href=\"https://laohu8.com/S/SMR\">NuScale</a>, Nano</strong><strong> </strong></li>\n</ul>\n<p><em>Photo: Shutterstock</em></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credo Stock Soars After Q2 Earnings Report: Here's Why</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredo Stock Soars After Q2 Earnings Report: Here's Why\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-12-02 05:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong><a href=\"https://laohu8.com/S/CRDO\">Credo Technology Group Holding Ltd</a>. </strong>(NASDAQ:CRDO) shares soared after the company released its second-quarter earnings report after Monday's closing bell, beating estimates on the top and bottom lines.</p>\n<p>Here's a look at the details in the report. </p>\n<ul>\n<li><strong>CRDO stock is moving. Watch the price action here.</strong></li>\n</ul>\n<p><strong>The Details: </strong>Credo reported quarterly adjusted earnings of 67 cents per share, which beat the analyst estimate of 49 cents by 36.18%.</p>\n<p>Quarterly revenue came in at $268.03 million, which beat the consensus estimate of $234.92 million and was up from revenue of $72.03 million from the same period last year.</p>\n<p><strong>Read Next: </strong><strong><a href=\"https://laohu8.com/S/QMCO\">Quantum</a> Stocks Bleed Out — Rigetti, D-Wave Down More Than 30%</strong></p>\n<p>“In the second quarter, Credo delivered revenue of $268 million, an increase of 20% sequentially and an extraordinary 272% increase year-over-year. 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,” Credo CEO <strong>Bill Brennan</strong> stated.</p>\n<p><strong>Outlook: </strong>Credo sees third-quarter revenue in a range of $335 million to $345 million, versus the $247.04 million analyst estimate.</p>\n<p><strong>CRDO Stock Price:</strong> According to data from Benzinga Pro, Credo stock climbed 15.70% to $197.99 in Monday's extended trading.  </p>\n<p><strong>Read Next: </strong></p>\n<ul>\n<li><strong>Nuclear Stock Meltdown Continues For <a href=\"https://laohu8.com/S/OKLO\">Oklo</a>, <a href=\"https://laohu8.com/S/SMR\">NuScale</a>, Nano</strong><strong> </strong></li>\n</ul>\n<p><em>Photo: Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0719512351.SGD","symbol_name":"JPMorgan Funds - US Technology A (acc) SGD","start_time":0,"source_url":"https://www.benzinga.com/markets/earnings/25/12/49148499/credo-stock-soars-after-q2-earnings-report-heres-why","article_id":"2588703660","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588703660","pubTimestamp":1764624071,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Here&#39;s a look at the details in the Q2 earnings report from Credo Technology Group.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4141":"半导体产品","BK4585":"ETF&股票定投概念","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","IE0009354923.USD":"JANUS HENDERSON US VENTURE \"A2\" (USD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","CRDO":"Credo Technology Group Holding Ltd","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","BK4588":"碎股","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1861215975.USD":"贝莱德新一代科技基金 A2"},"translate_title":"Credo股价在第二季度收益报告后飙升：原因如下","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRDO":1},"content_text":"Credo Technology Group Holding Ltd. (NASDAQ:CRDO) shares soared after the company released its second-quarter earnings report after Monday's closing bell, beating estimates on the top and bottom lines.\nHere's a look at the details in the report. \n\nCRDO stock is moving. Watch the price action here.\n\nThe Details: Credo reported quarterly adjusted earnings of 67 cents per share, which beat the analyst estimate of 49 cents by 36.18%.\nQuarterly revenue came in at $268.03 million, which beat the consensus estimate of $234.92 million and was up from revenue of $72.03 million from the same period last year.\nRead Next: Quantum Stocks Bleed Out — Rigetti, D-Wave Down More Than 30%\n“In the second quarter, Credo delivered revenue of $268 million, an increase of 20% sequentially and an extraordinary 272% increase year-over-year. 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,” Credo CEO Bill Brennan stated.\nOutlook: Credo sees third-quarter revenue in a range of $335 million to $345 million, versus the $247.04 million analyst estimate.\nCRDO Stock Price: According to data from Benzinga Pro, Credo stock climbed 15.70% to $197.99 in Monday's extended trading.  \nRead Next: \n\nNuclear Stock Meltdown Continues For Oklo, NuScale, Nano \n\nPhoto: Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}