CRDO reports record Q1 revenue and net income on optical growth
Credo Technology (CRDO) posted record Q1 revenue and net income, citing strong growth in AECs, optics and retimers. Optical revenue is expected to exceed $600 million in fiscal 2027.
Record Q1 revenue and net income were driven by strong growth in AECs, optics, and retimers, with optical revenue expected to exceed $600 million in fiscal 2027.
The company is expanding its portfolio and customer base, investing in R&D, and targeting continued outsized growth.Based on Credo Techno…