Credo Technology Group Holding First Quarter 2025 Earnings: EPS Misses Expectations

In this article:

Credo Technology Group Holding (NASDAQ:CRDO) First Quarter 2025 Results

Key Financial Results

  • Revenue: US$59.7m (up 70% from 1Q 2024).

  • Net loss: US$9.54m (loss narrowed by 18% from 1Q 2024).

  • US$0.058 loss per share (improved from US$0.078 loss in 1Q 2024).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Credo Technology Group Holding EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 71%.

Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are down 24% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Credo Technology Group Holding has 2 warning signs we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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