[EPS Beat by 275%] Credo - 2025 Q2 Earnings Analysis

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#CRDO Credo 2025 Q2 Earnings: Credo reported strong revenue growth and exceeded EPS expectations in Q2 2025, driven by high demand and strategic initiatives.

- Revenue: $72.0 million

- Adj. EPS: $0.07 vs. forecast -$0.04 (3 analysts)

- Revenue Growth YoY: 63.6%

- Future Revenue Guidance: $115M-$125M

“In the fiscal second quarter ended November 2, 2024 Credo generated record revenue of $72.0 million, up 21% sequentially and 64% year over year. The second quarter was our most successful to date across our three main product lines and Credo delivered total product revenue of $69.1 million. For the past few quarters, we have anticipated an inflection point in our revenues during the second half of fiscal 2025. I am pleased to share that this turning point has arrived, and we are experiencing even greater demand than initially projected, driven by AI deployments and deepening customer relationships.”

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