Credo Technology Group Holding Ltd Sees Q3 Revenue $51M-$53M Vs $51.04M Est.

CREDO TECHNOLOGY GROUP HOLDING LTD -1.18% Pre

CREDO TECHNOLOGY GROUP HOLDING LTD

CRDO

140.34

146.38

-1.18%

+4.30% Pre

Third Quarter of Fiscal 2024 Financial Outlook

  • Revenue is expected to be between $51.0 million and $53.0 million
  • GAAP gross margin is expected to be between 58.8% and 60.8%, and non-GAAP gross margin is expected to be between 59.0% and 61.0%
  • GAAP operating expenses are expected to be between $37.0 million and $39.0 million, and non-GAAP operating expenses are expected to be between $28.0 million and $30.0 million
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