Credo Technology Group Holding (CRDO) Reports In-Line Q1 EPS
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Credo Technology Group Holding Ltd Reports First Quarter of Fiscal Year 2023 Financial Results
August 31, 2022 4:05 PM EDTSAN JOSE, Calif., Aug. 31, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the first quarter of fiscal year 2023, ended July 30, 2022.
Q1 FY23 Financial Highlights
Revenue of $46.5 million, grew by 24% quarter over quarterGAAP gross margin of 59.5% and non-GAAP gross margin of... More