Investing.com - Credo Technology Holding reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Credo Technology Holding announced earnings per share of $0.02 on revenue of $51.37M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $50.74M.
Credo Technology Holding shares are down 0% from the beginning of the year and are trading at $13.93 , down-from-52-week-high.
Credo Technology Holding follows other major Information Technology sector earnings this month
Credo Technology Holding's report follows an earnings missed by NVIDIA on November 16, who reported EPS of $0.58 on revenue of $5.93B, compared to forecasts EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on November 16 with first quarter EPS of $0.86 on revenue of $13.6B, compared to forecast for EPS of $0.84 on revenue of $13.29B.
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