Credo Technology Group Holding Ltd (CRDO) Q2 2025 Earnings Call Transcript Summary
Credo Technology Group Holding Ltd (CRDO) Q2 2025 Earnings Call Transcript Summary
Non-GAAP operating income in Q2 was $8.3 million, showing significant growth from $2.2 million in Q1.The following is a summary of the Credo Technology Group Holding Ltd (CRDO) Q2 2025 Earnings Call Transcript:
以下是Credo Technology Group Holding Ltd (CRDO) 2025年第二季度业绩会交流摘要：
Financial Performance:
财务表现：
Credo reported Q2 revenue of $72 million, representing a 21% sequential and 64% year-over-year increase.
Non-GAAP gross margin for Q2 was 63.6%.
Non-GAAP operating income in Q2 was $8.3 million, showing significant growth from $2.2 million in Q1.
Non-GAAP net income was $12.3 million in Q2 compared to $7 million in Q1.
Credo报告第二季度营业收入为$7200万，环比增长21%，同比增长64%。
第二季度的非GAAP毛利率为63.6%。
第二季度的非GAAP营业收入为$830万，较第一季度的$220万显著增长。
第二季度的非GAAP净利润为$1230万，而第一季度为$700万。
Business Progress:
业务进展：
Credo introduced new 800-gig ZeroFlaps AECs for AI back-end networks and completed the tape-out of 3-nanometer 200-gig per lane designs.
Demonstrated a broad range of current and next-generation connectivity solutions across several industry conferences.
Anticipate continued growth beyond fiscal year 2025 with sustained customer relationships and product developments.
Credo推出了新的800G ZeroFlaps AECs用于人工智能后端网络，并完成了3纳米、每通200G的通道设计的曝光。
在几个行业会议上展示了当前和下一代连接解决方案的广泛范围。
预计在2025财政年度之后继续增长，保持客户关系和产品开发不断发展。
Opportunities:
机会：
Demand for AI-driven high speed, power efficient, and reliable connectivity is increasing, fueling growth in AECs.
Credo's next-generation connectivity solutions, including the expansion in PCIe products, are expected to meet rising market demands.
需求推动AI驱动的高速、功耗高效和可靠连接的增长，推动AEC发展。
Credo的下一代连接解决方案，包括PCIe产品的扩展，预计能满足不断增长的市场需求。
Risks:
风险：
No explicit risks detected.
没有发现任何明确风险。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由人工智能生成。内容准确性无法完全保证。如需更全面详情，请参阅IR网站。本文仅供投资者参考，不具有任何指导或推荐建议。
