---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-005568"
form_type: "8-K"
ticker: "CRDO"
cik: "0001807794"
company_name: "Credo Technology Group Holding Ltd"
filed_at: "2022-03-09T23:59:59+00:00"
generated_at: "2026-06-27T00:29:16.262891+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Credo Q3 revenue $31.8M (+136% YoY); IPO net proceeds $171.9M; Q4 guide $37-41M

## Summary
- Q3 revenue $31.8M (+136% YoY); GAAP net loss $0.1M; non-GAAP net income $2.4M ($0.03 diluted EPS).
- Completed IPO Jan 27, sold 18.4M shares, net proceeds $171.9M; ending cash $240.5M.
- Q4 FY2022 guidance: revenue $37-41M (midpoint +97% YoY); non-GAAP gross margin 59%-61%.
- GAAP gross margin 60.1%; non-GAAP 60.7%; GAAP OpEx $19.6M; non-GAAP OpEx $18.2M.

## SEC filing metadata
- accession: 0001628280-22-005568
- form_type: 8-K
- ticker: CRDO
- cik: 0001807794
- company_name: Credo Technology Group Holding Ltd
- filed_at: 2022-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1807794/000162828022005568/0001628280-22-005568-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1807794/000162828022005568/crdo-20220309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-005568
- JSON: https://secwatch.observer/filing/0001628280-22-005568.json
- Plain text: https://secwatch.observer/filing/0001628280-22-005568.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.