CK Capital(@CKCapitalxx):$CRDO traded under $150 this week. It closed Friday at $176. That dip was one of the best buying opportunities you could ask for. Fiscal Q1 revenue $479 million, up 115%. EPS $1.20, up 131%. Q2 guided above consensus. Full year raised to more than 85% growth with optical revenue expected above $600 million. Seventh straight quarter of triple digit growth. The entire selloff was about gross margin drifting off 68% as optical scales along with a slow down in growth. Management said it was coming. Revenue doubling with margin going from great to still great is not a reason to cut a stock in half.

2026.09.19 15:46

$CRDO traded under $150 this week. It closed Friday at $176. That dip was one of the best buying opportunities you could ask for. Fiscal Q1 revenue $479 million, up 115%. EPS $1.20, up 131%. Q2 guided above consensus. Full year raised to more than 85% growth with optical revenue expected above $600 million. Seventh straight quarter of triple digit growth. The entire selloff was about gross margin drifting off 68% as optical scales along with a slow down in growth. Management said it was coming. Revenue doubling with margin going from great to still great is not a reason to cut a stock in half.