CRDO Q3 2022 Earnings — Credo Technology Group Holding Ltd Revenue & Financial Results | Market Cap Arena

CRDOCredo Technology Group Holding Ltd

$22B

Q3 2022 Earnings

Technology Communication Equipment

Income Statement

Revenue

$32M+136.3% YoY

Gross Profit

$19M60.1% margin

Operating Income

-$451,000-1.4% margin

Net Income

-$144,000-0.5% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+20.3%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$1M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$334M

Total Liabilities

$29M

Stockholders' Equity

$306M

Cash & Equivalents

$241M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$13M	+136.3%
Gross Profit	$19M	$8M	+136.8%
Operating Income	-$451,000	-$5M	+90.6%
Net Income	-$144,000	-$5M	+97.2%

Revenue Segments

Product

$23M71%

License

$5M16%

Product Engineering Services

$4M12%

IP License Engineering Services

$118,0000%

Geographic Segments

CHINA

$15M46%

UNITED STATES

$6M19%

HONG KONG

$3M10%

MEXICO

$2M8%

SINGAPORE

$2M7%

REST OF THE WORLD

$2M6%

MALAYSIA

$1M4%