Credo Technology Group Holding LtdCRDO

NasdaqTechnologySemiconductors & Related Devices
Price (close)
$210.97
Market cap
$39.7B
P/E
73.7x
Revenue (TTM)
$1.6B
Net income
$538.3M
Dividend yield
—
1-year total return
45.6%
Net margin
33.8%
Revenue growth
165.1%
Debt / equity
—

What Credo Technology Group Holding Ltd does.

At Credo, our mission is to transform connectivity at scale through fast, reliable and energy-efficient system solutions. The Company’s highspeed copper and optical interconnect products deliver industry-leading power and performance at up to 1.6T to meet the ever-expanding data infrastructure demands of AI. The Company’s product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs) and ZF optical transceivers, OmniConnect memory solutions and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, all leveraging the Company’s PILOT diagnostic and analytics software platform. The Company’s innovations enable our customers to connect the systems that connect the world.

Our connectivity solutions are optimized for optical and electrical Ethernet, PCIe and emerging UALink, ESUN and SUE applications, ranging in speeds from 32G (or Gigabits per second per lane) to 200G. Our products are based on our own optimized Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Our product families include integrated circuits (ICs), Active Electrical Cables (AECs) and SerDes Chiplets. Our intellectual property (IP) solutions consist primarily of SerDes IP licensing.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$58.7M$106.5M$184.2M$193.0M$436.8M$1.3B
Net income-$27.5M-$22.2M-$16.5M-$28.4M$52.2M$472.3M
Free cash flow-$48.4M-$48.4M-$46.3M$17.1M$29.0M$407.0M

More on CRDO.

Figures from Credo Technology Group Holding Ltd's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.