Credo Technology (CRDO) late Tuesday beat estimates for its fiscal first quarter and with its sales outlook. But Credo stock fell in extended trading. The San Jose, Calif.-based maker of AI data center connectivity gear earned an adjusted $1.20 a share on sales of $479 million in the quarter ended Aug. 1. Analysts polled by FactSet had expected Credo earnings…

Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Related news

oil drilling sunset

Dow Jones Futures: Market Breaks Key Levels As Oil Prices Jump; Dell, Credo, Palo Alto Are Earnings Movers

10:04 AM ET The Dow Jones and Nasdaq 100 fell below their 50-day lines as oil prices jumped. Dell, Palo Alto and Credo…

10:04 AM ET The Dow Jones and Nasdaq 100 fell below their 50-day…