Credo Technology shares fall after adjusted earnings beat
Credo Technology reported adjusted earnings of $1.20 a share, just above estimates of $1.17, but shares fell sharply Tuesday.
By Anita HamiltonShares of Credo Technology, which makes electrical cables and digital signal processors used in artificial intelligence data centers, fell sharply Tuesday despite an earnings beat.The AI connectivity firm reported adjusted earnings of $1.20 a share, just beating estimates for $1.17…