Credo Technology (CRDO) Stock Climbs as Company Projects 200% Growth

TLDR Credo Technology Group (CRDO) stock surged 10.8% Monday after the company announced Q3 revenue guidance of $404-$408 million, far exceeding prior estimates of $335-$345 million The chipmaker reported Q2 earnings of $0.67 per share versus $0.49 expected, with revenue of $268 million up 272% year-over-year Analysts boosted price targets to as high as $240, [...]

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