secwatch.observer — SEC 8-K summary
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Issuer:     Credo Technology Group Holding Ltd (CRDO)
CIK:        0001807794
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0001628280-23-040220
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Credo Q2 FY2024 revenue $44M, up 25% QoQ; non-GAAP net income $1.2M
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- Revenue $44.0M, 25% sequential growth; GAAP net loss $6.6M ($0.04 diluted EPS loss).
- Non-GAAP net income $1.2M ($0.01 diluted EPS); gross margin 59.3% GAAP, 59.9% non-GAAP.
- Cash and short-term investments $240.5M as of Oct 28, 2023.
- Q3 FY2024 guidance: revenue $51M-$53M, non-GAAP gross margin 59%-61%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807794/000162828023040220/0001628280-23-040220-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807794/000162828023040220/crdo-20231129.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-040220

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