CRDO Q4 2022 Earnings — Credo Technology Group Holding Ltd Revenue & Financial Results | Market Cap Arena

CRDOCredo Technology Group Holding Ltd

$21B

Q4 2022 Earnings

Technology Communication Equipment

Income Statement

Revenue

$38M+90.0% YoY

Gross Profit

$24M63.3% margin

Operating Income

-$6M-16.9% margin

Net Income

-$5M-14.3% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+18.0%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$7M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$376M

Total Liabilities

$42M

Stockholders' Equity

$334M

Cash & Equivalents

$259M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$20M	+90.0%
Gross Profit	$24M	$13M	+77.9%
Operating Income	-$6M	-$2M	-231.6%
Net Income	-$5M	-$3M	-73.5%

Revenue Segments

Product

$25M67%

License

$11M30%

Product Engineering Services

$1M3%

Geographic Segments

REST OF THE WORLD

$15M33%

CHINA

$14M29%

UNITED STATES

$9M18%

HONG KONG

$5M12%

MEXICO

$4M8%