Credo Technology Forecasts Q1 Revenue Between $465M and $475M
CRDO has more than doubled off its 52-week low of $59.21.
Summary
Credo Technology Group has issued Q1 revenue guidance, projecting sales between $465 million and $475 million. This forward-looking statement follows the company's explosive Q3 FY26 results and the recent completion of its $750 million acquisition of DustPhotonics. The guidance suggests continued strong sequential growth, building on an estimated Q4 FY26 revenue of $431.79 million. This outlook is critical for investors assessing the company's post-acquisition performance and sustained growth trajectory in the AI data center market.
At the time of this announcement, CRDO was trading at $206.79 on NASDAQ in the Technology sector, with a market capitalization of approximately $41.7B. The 52-week trading range was $59.21 to $243.21. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.