04:41 PM EDT, 05/29/2024 (MT Newswires) -- Credo Technology Group ( CRDO ) reported fiscal Q4 non-GAAP earnings Wednesday of $0.07 per diluted share, compared with a loss of $0.04 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.05.

Revenue in the quarter ended April 27 rose to $60.8 million from $32.1 million a year earlier. Analysts polled by Capital IQ expected $60.8 million.

In fiscal Q1, the company expects revenue of $58 million to $61 million. Analysts polled by Capital IQ project $59.1 million.

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