{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-007214","form_type":"8-K","ticker":"CRDO","cik":"0001807794","company_name":"Credo Technology Group Holding Ltd","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.610861+00:00","generated_at":"2026-06-05T12:30:52.498908+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Credo Q3 FY24 revenue $53.1M (+20% QoQ); guides Q4 revenue $59-62M","bullets":["Revenue $53.1M, up 20% QoQ; GAAP net income $0.4M ($0.00 diluted EPS); non-GAAP net income $6.3M ($0.04 diluted EPS).","GAAP gross margin 61.4%; non-GAAP gross margin 62.2%; ending cash/short-term investments $409.1M.","Q4 FY24 guidance: revenue $59-62M; GAAP gross margin 63.2-65.2%; non-GAAP gross margin 64.0-66.0%.","CEO cites accelerating opportunity for high-speed, energy-efficient connectivity solutions driving growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-007214","json":"https://secwatch.observer/filing/0001628280-24-007214.json","markdown":"https://secwatch.observer/filing/0001628280-24-007214.md","text":"https://secwatch.observer/filing/0001628280-24-007214.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1807794/000162828024007214/0001628280-24-007214-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1807794/000162828024007214/crdo-20240227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T12:30:52.498908+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":"a7a96844158f599fa99b2869ff12e10c3f313428","claim":"Credo Technology Group Holding Ltd reported Fourth Quarter of Fiscal 2024 results: revenue between $59.0 million and $62.0 million. Guidance initiated.","evidence_excerpt":"Fourth Quarter of Fiscal 2024 Financial Outlook • Revenue is expected to be between $59.0 million and $62.0 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807794/000162828024007214/0001628280-24-007214-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter of Fiscal 2024"},{"label":"Revenue","value":"between $59.0 million and $62.0 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"f1fdd1b22cb4d512a431762ff08119b5c053b434","claim":"Credo Technology Group Holding Ltd reported the third quarter of fiscal year 2024, ended January 27, 2024 results: revenue $53.1 million.","evidence_excerpt":"market, today reported financial results for the third quarter of fiscal year 2024, ended January 27, 2024. Third Quarter of Fiscal Year 2024 Financial Highlights • Revenue of $53.1 million, grew by 20% quarter over quarter • GAAP gross margin of 61.4% and non-GAAP gross margin of 62.2% • GAAP operating expenses of $38.5 million and non-GAAP operating expenses of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807794/000162828024007214/0001628280-24-007214-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of fiscal year 2024, ended January 27, 2024"},{"label":"Revenue","value":"$53.1 million"},{"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"}