SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS ARTICLE L impact

Credo shares fall despite earnings beat ahead of Wednesday open

Credo Technology shares dropped sharply ahead of Wednesday’s opening bell even after the AI connectivity firm reported an adjusted earnings beat for the three months ended.

CRDO

By Anita HamiltonShares of Credo Technology, which makes electrical cables and digital signal processors used in artificial intelligence data centers, fell sharply ahead of Wednesday's opening bell despite an earnings beat.The AI connectivity firm reported adjusted earnings for the three months end…