Credo reports Q1 FY27 earnings, guides optical revenue above $600M

Share

Credo reported first quarter fiscal 2027 revenue of approximately $470 million, a 111% year-over-year increase from $223 million a year ago. Non-GAAP earnings per share came in at $1.17, more than doubling the $0.52 figure from Q1 FY2026. For full-year FY2027, the company guides optical revenue above $600 million, with total revenue projected to grow more than 80% year-over-year. FY2026 ended with record revenue exceeding $1.3 billion, a 206% year-over-year jump. Optical growth is driven by three product categories, each expected to generate over $100 million in revenue this fiscal year.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles