Credo Technology Stock Rallies After Better-Than-Expected Q3 Report: Details

Credo Technology Group Holding Ltd. (NYSE:BOX) released its third-quarter results after Tuesday's closing bell. Here's a look at the key figures from the quarter.  

The Details: Credo Technology reported quarterly earnings of 25 cents per share. It beat the analyst consensus estimate of 18 cents. Quarterly revenue came in at $135 million. That exceeds the analyst consensus estimate of $120.06 million and is an increase over revenue of $53.05 million from the same period last year.

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Outlook: Credo sees Q4 revenue in a range of $155M million to $165 million, versus the $137.43 million consensus estimate.

Price Action: According to data from Benzinga Pro, Credo Technology shares are up 5.51% after hours at $57.30 Tuesday.  

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