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Credo smashes estimates on hyperscaler wins, customer diversification: Needham (CRDO:NASDAQ)

Summary by Seeking Alpha
Credo Technology (CRDO) expects full-year fiscal 2026 revenue to increase 85% year over year after leaping 126% during fiscal year 2025, due to wins with major hyperscalers and a diversifying customer base.

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Credo smashes estimates on hyperscaler wins, customer diversification: Needham (CRDO:NASDAQ)

Credo Technology (CRDO) expects full-year fiscal 2026 revenue to increase 85% year over year after leaping 126% during fiscal year 2025, due to wins with major hyperscalers and a diversifying customer base.

·United States
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baystreet.cabaystreet.ca

Tuesday's Trades: Credo, APLD, and Snowflake

After markets closed on Monday, Credo Technology (CRDO) posted a strong increase in revenue. CRDO stock gained 12% in after-hours trade and should open strongly this morning. Credo supplies connectivity solutions for the hyperscale data center, ...

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baystreet.ca broke the news in on Tuesday, June 3, 2025.
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