secwatch.observer — SEC 8-K summary
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Issuer:     Credo Technology Group Holding Ltd (CRDO)
CIK:        0001807794
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001628280-24-025607
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q4 revenue $60.8M (+89% YoY); FY2024 record $193M; guides Q1 rev $58-61M
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- GAAP net loss $10.5M ($0.06 loss per share); non-GAAP net income $11.8M ($0.07 EPS).
- Q4 revenue $60.8M (+89.4% YoY); FY2024 revenue $193M record, driven by AI deployments.
- Q1 FY2025 guidance: revenue $58-61M; GAAP gross margin 62.3-64.3%, non-GAAP 63-65%.
- Cash and short-term investments $410M at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807794/000162828024025607/0001628280-24-025607-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807794/000162828024025607/crdo-20240529.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-025607

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer