Credo warns China COVID lockdowns disrupt manufacturing; revenue guidance at risk

Credo Technology Group Holding Ltd

On April 12, 2022, a supplier notified Credo of manufacturing disruptions due to government COVID lockdowns in China.
Disruptions may affect Credo's ability to achieve previously provided revenue guidance.
Company is actively engaging with suppliers to mitigate the impact.
No updated guidance or quantification of potential revenue shortfall provided.

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