04:18 PM EDT, 09/04/2024 (MT Newswires) -- Credo Technology Group ( CRDO ) reported fiscal Q1 non-GAAP earnings late Wednesday of $0.04 per diluted share, compared with a loss of $0.03 a year earlier.

Analysts polled by Capital IQ also expected $0.04.

Revenue for the quarter ended Aug. 3 rose to $59.7 million from $35.1 million a year earlier. Analysts polled by Capital IQ expected $59.5 million.

For fiscal Q2, the company expects revenue of $65 million to $68 million. Analysts project $64.9 million.

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