Credo Technology Group (ticker: CRDO) reported strong financial results for the fourth quarter of fiscal year 2025, with revenue reaching $170 million, marking a 26% increase sequentially and a 180% rise year-over-year. The company’s full-year revenue stood at $437 million, reflecting 126% growth compared to the previous year. Credo’s adjusted earnings per share (EPS) for Q4 were $0.35, with net income totaling $36.6 million. The company achieved a non-GAAP gross margin of 67.4%, improving by 355 basis points. The robust revenue growth was driven by high demand for AI-focused, energy-efficient connectivity solutions. Following these results, Credo’s shares surged more than 15% in pre-market trading, supported by bullish technical indicators including rising 20, 50, and 200-day simple moving averages. Hedge funds, including Steve Cohen’s Point72, doubled their stakes in the company during Q1, signaling strong investor confidence in Credo’s outlook. Analysts have responded positively to the earnings report, with some recommending the stock as a buy.