Customer DiversificationCRDO is experiencing customer diversification, with expectations of having 3-4 customers contributing 10% each of revenue in any given quarter in the upcoming fiscal years.
Financial PerformanceCRDO's revenue increased significantly due to strong performance in the AEC sector, with sales growing by 26% quarter-on-quarter and 180% year-on-year.
Growth PotentialCRDO's management sees a significant growth opportunity with the AEC Total Addressable Market potentially reaching $5 billion to $10 billion, indicating a large room for increased adoption.