Credo Technology Group CRDO reported its Q3 earnings results on Tuesday, February 27, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Credo Technology Group beat estimated earnings by 33.0%, reporting an EPS of $0.04 versus an estimate of $0.03.
Revenue was down $1.21 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 7.000000000000001% drop in the share price the next day.
Here's a look at Credo Technology Group's past performance:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0 | -0.03 | -0.04 | 0.04 |
EPS Actual | 0.01 | -0.03 | -0.04 | 0.05 |
Revenue Estimate | 42.70M | 34.00M | 31.19M | 54.26M |
Revenue Actual | 44.03M | 35.09M | 32.09M | 54.27M |
To track all earnings releases for Credo Technology Group visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.