CRDO Q4 2023 Earnings — Credo Technology Group Holding Ltd Revenue & Financial Results | Market Cap Arena

CRDOCredo Technology Group Holding Ltd

$21B

Q4 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$32M-14.5% YoY

Gross Profit

$19M57.9% margin

Operating Income

-$16M-51.1% margin

Net Income

-$16M-49.7% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-40.9%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$16M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$397M

Total Liabilities

$50M

Stockholders' Equity

$348M

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$38M	-14.5%
Gross Profit	$19M	$24M	-21.8%
Operating Income	-$16M	-$6M	-158.8%
Net Income	-$16M	-$5M	-197.6%

Revenue Segments

Product

$24M74%

License

$5M16%

Product Engineering Services

$3M8%

IP License Engineering Services

$422,0001%

Geographic Segments

CHINA

$14M37%

UNITED STATES

$9M26%

MEXICO

$9M25%

REST OF THE WORLD

$3M9%

HONG KONG

$1M3%