CREDO TECHNOLOGY GROUP


Associated tags: SAN, Credo, Interest, Cryptocurrency

Locations: GEORGE TOWN, KY

Credo Schedules Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call

Retrieved on: 
Wednesday, May 8, 2024

SAN JOSE, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency, today announced it will hold a conference call on Wednesday, May 29, 2024, at 2:00 p.m. Pacific Time to discuss its financial results for the fourth quarter and fiscal year ended April 27, 2024.

Key Points: 
  • SAN JOSE, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency, today announced it will hold a conference call on Wednesday, May 29, 2024, at 2:00 p.m. Pacific Time to discuss its financial results for the fourth quarter and fiscal year ended April 27, 2024.
  • The news release announcing the fourth quarter and fiscal year 2024 financial results will be disseminated on May 29, 2024 after the market closes.
  • Interested parties may join the conference call beginning at 2:00 p.m. Pacific Time on Wednesday, May 29, 2024 by registering online at https://register.vevent.com/register/BI4d5e6455e2a74e7cb96ee9a521f664fb .
  • After registering, a confirmation will be sent through email, including dial-in details and a unique conference call code for entry.

Credo at TSMC 2024 North America Technology Symposium

Retrieved on: 
Tuesday, April 23, 2024

Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, is set to showcase its latest SerDes IP and Chiplet technology at three upcoming Taiwan Semiconductor Manufacturing Company (TSMC) Symposium events in 2024.

Key Points: 
  • Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, is set to showcase its latest SerDes IP and Chiplet technology at three upcoming Taiwan Semiconductor Manufacturing Company (TSMC) Symposium events in 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240423513623/en/
    Credo at TSMC 2024 North America Technology Symposium (Graphic: Business Wire)
    April 24th - North American Technology Symposium, booth #420
    At each event Credo will spotlight its SerDes IP and Chiplet solutions, designed to address the evolving demands of next-generation applications, including AI, Machine Learning, high-performance computing, and data center networking.
  • Our unique high-performance, low-power architectures enable customers to achieve energy-efficient solutions for their connectivity needs.
  • Look for us at upcoming TSMC Symposium events in Taiwan and China.

Credo Technology Group Holding Ltd Announces Appointment of Industry Veteran Clyde Hosein to Board of Directors

Retrieved on: 
Tuesday, April 2, 2024

Credo Technology Group Holding Ltd (“Credo” or the “Company”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced the appointment of Clyde Hosein to the Company’s board of directors effective April 3, 2024.

Key Points: 
  • Credo Technology Group Holding Ltd (“Credo” or the “Company”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced the appointment of Clyde Hosein to the Company’s board of directors effective April 3, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240401894812/en/
    Credo Technology Group Holding Ltd Announces Appointment of Industry Veteran Clyde Hosein to Board of Directors (Photo: Business Wire)
    “Clyde's appointment to the Credo board underscores our commitment to strong financial stewardship and strategic growth," said Bill Brennan, President and Chief Executive Officer of Credo.
  • On behalf of the entire Company, I am honored to welcome Clyde to Credo.”
    Mr. Hosein commented, “I am honored to join Credo’s board of directors at this pivotal juncture in the technology industry’s evolution.
  • I am eager to contribute my expertise to help steer the company towards even greater success.”

Credo and Wistron to Demonstrate 800G Linear Receive Optics with 51.2Tbs Switch Platform at OFC 2024

Retrieved on: 
Tuesday, March 26, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240326485529/en/
    Credo and Wistron to Demonstrate 800G Linear Receive Optics with 51.2Tbs Switch Platform at OFC 2024 (Graphic: Business Wire)
    In an LRO transceiver, or Active Optical Cable (AOC), only the transmit path from the electrical input to the optical line side output includes a DSP for signal retiming and equalization.
  • All three 800G OSFP LRO modules provided by Credo partners for this demonstration seamlessly “plug and play” with the 51.2T Wistron switch, a tremendous benefit in mass deployment.
  • Credo invites OFC conference attendees to visit the public display during expo hours in booth 3601 in the San Diego convention center from March 26-28th.
  • “Linear Receive Optics are pushing the industry forward.

AOI and Credo to Showcase 400G and 800G MMF Solutions at OFC 2024

Retrieved on: 
Monday, March 25, 2024

Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) and Applied Optoelectronics, Inc (AOI) (Nasdaq: AAOI) today announced the availability of two new multimode designs including a 400G QSFP-DD and an 800G OSFP.

Key Points: 
  • Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) and Applied Optoelectronics, Inc (AOI) (Nasdaq: AAOI) today announced the availability of two new multimode designs including a 400G QSFP-DD and an 800G OSFP.
  • The 800G design is available as either an Active Optical Cable (AOC) or 800GBASE-SR8 transceiver based on the Credo Dove 800, an 8 x 100Gbps PAM4 DSP.
  • The 400G and 800G designs from AOI will be showcased by Credo in booth #3601 as part of a live demonstration at the 2024 Optical Fiber Communications Conference and Exhibition (OFC) in San Diego, California from March 26 to 28.
  • View the full release here: https://www.businesswire.com/news/home/20240325102263/en/
    AOl and Credo to Showcase 400G & 800G MMF Solutions at OFC 2024.

Credo to Participate in CEO Panel at Optica Executive Forum at OFC 2024

Retrieved on: 
Thursday, March 21, 2024

Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency, today announced that Credo President and CEO, Bill Brennan, will participate in the CEO Panel session at the upcoming Optica Executive Forum taking place during the 2024 Optical Fiber Conference.

Key Points: 
  • Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency, today announced that Credo President and CEO, Bill Brennan, will participate in the CEO Panel session at the upcoming Optica Executive Forum taking place during the 2024 Optical Fiber Conference.
  • View the full release here: https://www.businesswire.com/news/home/20240321974811/en/
    Credo to Participate in CEO Panel at Optica Executive Forum at OFC 2024 (Photo: Business Wire)
    Panel Description: The CEO Panel explores firsthand the diverse perspectives of these accomplished CEOs from public companies in the optical communication market as they discuss how they’ve navigated their organizations through change and uncertainty.
  • To view the full suite of Optica Executive Forum sessions and speakers please visit Optica.org .
  • Forum attendees are encouraged to visit Credo at booth 3601 to learn more about Credo technology.

Credo Technology Group to Showcase Latest Optical Solutions at OFC 2024

Retrieved on: 
Wednesday, March 20, 2024

Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as bandwidth requirements increase throughout the data infrastructure market, will showcase its latest optical solutions at the Optical Fiber Communications (OFC) Conference, taking place March 26-28 at the San Diego Convention Center in booth 3601.

Key Points: 
  • Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as bandwidth requirements increase throughout the data infrastructure market, will showcase its latest optical solutions at the Optical Fiber Communications (OFC) Conference, taking place March 26-28 at the San Diego Convention Center in booth 3601.
  • View the full release here: https://www.businesswire.com/news/home/20240320729553/en/
    Credo Technology Group will showcase its latest optical solutions at the Optical Fiber Communications (OFC) Conference, taking place March 26-28 at the San Diego Convention Center in booth 3601.
  • The backend network will highlight a wide range of optical connectivity options including thirteen different optical transceiver and AOC products supplied by participating Credo customers.
  • Credo invites all OFC conference attendees to visit its public display during expo hours in booth 3601 in the San Diego Convention Center from March 26-28th.

Credo Introduces HiWire AECs to Support 400G AI/ML Backend Networks

Retrieved on: 
Tuesday, March 19, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240319367847/en/
    “400G AI/ML backend networks have proliferated in the past year and have migrated 112G/lane connectivity to Network Interface Cards (NICs) ahead of many customers’ networking plans,” said Don Barnetson, Vice President of Product at Credo.
  • “Credo’s innovative HiWire AECs can help bridge this gap with in-cable speed shifting to enable use of legacy 12.8T TORs and Y cable configurations for 25 and 51Tb TORs.”
    Credo will demonstrate the new 400G AI/ML Backend Network HiWire AEC family at the upcoming Optical Fiber Conference (OFC) in San Diego, CA March 26 – 28, 2024.
  • Conference attendees are encouraged to visit Credo in booth 3601 to learn more about these new HiWire devices.
  • Members of this new HiWire AEC family are sampling now with production scheduled for Q3/2024.

Credo to Present at 36th Annual Roth Conference

Retrieved on: 
Monday, March 4, 2024

SAN JOSE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that Bill Brennan, President and CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference.

Key Points: 
  • SAN JOSE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that Bill Brennan, President and CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference.
  • The presentation will be webcast live on Credo’s IR website at http://investors.credosemi.com/ .
  • The webcast replay will be available as soon as possible following the event on Credo’s IR website.

Credo Technology Group Holding Ltd Reports Third Quarter of Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, February 27, 2024

Bill Brennan, Credo’s President and Chief Executive Officer, stated, “In the third fiscal quarter ended January 27, 2024, Credo achieved revenue of $53.1 million, an increase of 20% compared to the prior quarter.

Key Points: 
  • Bill Brennan, Credo’s President and Chief Executive Officer, stated, “In the third fiscal quarter ended January 27, 2024, Credo achieved revenue of $53.1 million, an increase of 20% compared to the prior quarter.
  • Credo believes that the presentation of non-GAAP financial measures provides important supplemental information to management and investors regarding financial and business trends relating to Credo’s financial condition and results of operations.
  • Externally, management believes that investors may find Credo’s non-GAAP financial measures useful in their assessment of Credo's operating performance and the valuation of Credo.
  • The exclusion of the above items from our GAAP financial metrics does not necessarily mean that these costs are unusual or infrequent.