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Credo Technology Group Holding Ltd (CRDO)

120.51 +8.18 (+7.28%)
At close: November 6 at 4:00:01 PM EST
121.29 +0.78 (+0.65%)
Pre-Market: 7:44:05 AM EST
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Updated 11m ago
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Credo Technology reported first-quarter fiscal 2027 revenue of $479 million, up 115% year over year, while guiding for $525 million to $535 million next quarter. Recent selling reflected concerns about data-center construction, competition, customer concentration, and insider sales rather than a reported operating setback. The company’s early-December earnings update will test its above-85% fiscal 2027 growth target.

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