Investing.com - Credo Technology Holding reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Credo Technology Holding announced earnings per share of $0.02 on revenue of $51.37M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $50.74M.
Credo Technology Holding shares are down 0% from the beginning of the year and are trading at $13.93 , down-from-52-week-high.
Credo Technology Holding follows other major Information Technology sector earnings this month
Credo Technology Holding's report follows an earnings missed by NVIDIA on Wednesday, November 16, 2022, who reported EPS of $0.58 on revenue of $5.93B, compared to forecasts EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on Wednesday, November 16, 2022 with first quarter EPS of $0.86 on revenue of $13.6B, compared to forecast for EPS of $0.84 on revenue of $13.29B.
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