CRDO Q2 2022 Earnings — Credo Technology Group Holding Ltd Revenue & Financial Results | Market Cap Arena

CRDOCredo Technology Group Holding Ltd

$22B

Q2 2022 Earnings

Technology Communication Equipment

Income Statement

Revenue

$26M+82.9% YoY

Gross Profit

$16M60.4% margin

Operating Income

-$4M-13.4% margin

Net Income

-$4M-15.5% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+146.4%

Cash Flow

Operating Cash Flow

-$26M

Free Cash Flow

-$30M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$163M

Total Liabilities

$231M

Stockholders' Equity

-$69M

Cash & Equivalents

$71M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$26M	$14M	+82.9%
Gross Profit	$16M	$9M	+74.6%
Operating Income	-$4M	-$14M	+74.5%
Net Income	-$4M	-$14M	+71.7%