{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-005837","form_type":"8-K","ticker":"CRDO","cik":"0001807794","company_name":"Credo Technology Group Holding Ltd","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.674750+00:00","generated_at":"2026-06-18T18:37:15.231396+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Credo Technology Q3 revenue $54.3M, up 71% YoY; Q4 guidance $30-32M signals sharp decline","bullets":["Revenue $54.3M (+71% YoY, +6% QoQ); GAAP diluted EPS $0.02, non-GAAP $0.05.","Q4 FY2023 guidance: revenue $30-32M, implying ~43% sequential decline from Q3.","GAAP gross margin 58.9%; non-GAAP gross margin 59.3%; cash and investments $233M.","GAAP net income $2.8M; non-GAAP net income $7.5M.","Management remains focused on large market opportunity despite near-term headwinds."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-005837","json":"https://secwatch.observer/filing/0001628280-23-005837.json","markdown":"https://secwatch.observer/filing/0001628280-23-005837.md","text":"https://secwatch.observer/filing/0001628280-23-005837.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1807794/000162828023005837/0001628280-23-005837-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1807794/000162828023005837/crdo-20230301.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T18:37:15.231396+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"94a5a156c27a1e8b87216334d57cb11a3f60ed4f","claim":"Credo Technology Group Holding Ltd reported the quarter ended January 28, 2023 results: revenue $54.3 million, net income $2.8 million, EPS $0.02. Guidance initiated.","evidence_excerpt":"market, today reported financial results for the third quarter of fiscal year 2023, ended January 28, 2023. Third Quarter of Fiscal Year 2023 Financial Highlights • Revenue of $54.3 million, grew by 6% quarter over quarter • GAAP gross margin of 58.9% and non-GAAP gross margin of 59.3% • GAAP operating expenses of $34.9 million and non-GAAP operating expenses of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807794/000162828023005837/0001628280-23-005837-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended January 28, 2023"},{"label":"Revenue","value":"$54.3 million"},{"label":"Net income","value":"$2.8 million"},{"label":"EPS","value":"$0.02"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}