Credo Technology reports fourth-quarter earnings on Monday, June 1st, after the market close.
Analysts expect earnings per share of $1.03. This figure represents a 194% year-over-year increase. Wall Street projects revenue of $433.3 million. This total marks a 155% jump from the previous year.
Credo previously forecasted quarterly revenue between $425 million and $435 million. Strong demand for active electrical cables (AECs) in AI data centers drives this growth. Investors will focus on future guidance and gross margins following the stock's 54% year-to-date rally.