https://www.live-feeds.com/feed/credo-technology-shares-fall-as-margin-pressure-overshadows-earnings-beat-crdo-nasdaqContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/credo-technology-shares-fall-as-margin-pressure-overshadows-earnings-beat-crdo-nasdaqhttps://www.live-feeds.com/feed/credo-technology-shares-fall-as-margin-pressure-overshadows-earnings-beat-crdo-nasdaq#u55816Thu, 03 Sep 2026 14:21:55 +0000Credo Technology shares fell between 8% and 21% following its fiscal first-quarter 2027 report, despite beating revenue and earnings estimates. The company reported revenue of $479 million, a 115% increase from a year earlier, and adjusted earnings of $1.20 per share. However, investors reacted negatively to shrinking margins and rising operating expenses. GAAP gross margin dropped to 64.5% from 68.2% in the prior quarter, while the GAAP operating margin narrowed to 25.2%. J.P. Morgan and BofA responded to the results and soft guidance by cutting price targets.Why it mattersThe stock had gaine