Credo Technology Shares Gain Following Earnings Beat, Higher-Than-Expected Outlook

By MarketWatch   |   1 year ago
Credo Technology Shares Gain Following Earnings Beat, Higher-Than-Expected Outlook

Credo Technology Group's stock soared 37% after reporting improved financials for the fiscal second quarter, with a narrowed loss and higher revenue. The company expects stronger sales in the current period, projecting revenue between $115 million and $125 million.

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