earnings
confidence high
sentiment positive
materiality 0.75
Q4 revenue $60.8M (+89% YoY); FY2024 record $193M; guides Q1 rev $58-61M
Credo Technology Group Holding Ltd
2024-FY EPS reported
-$0.18
revenue$192,970,000
- GAAP net loss $10.5M ($0.06 loss per share); non-GAAP net income $11.8M ($0.07 EPS).
- Q4 revenue $60.8M (+89.4% YoY); FY2024 revenue $193M record, driven by AI deployments.
- Q1 FY2025 guidance: revenue $58-61M; GAAP gross margin 62.3-64.3%, non-GAAP 63-65%.
- Cash and short-term investments $410M at quarter end.