---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-049564"
form_type: "8-K"
ticker: "CRDO"
cik: "0001807794"
company_name: "Credo Technology Group Holding Ltd"
filed_at: "2024-12-02T23:59:59+00:00"
generated_at: "2026-05-29T11:32:42.384072+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Credo reports record Q2 revenue $72M (+64% YoY); Q3 guidance $115-125M well above consensus

## Summary
- Revenue $72.0M, +20.6% QoQ, +63.6% YoY; product revenue $69.1M.
- GAAP net loss $(4.2)M ($(0.03)/share); non-GAAP net income $12.3M ($0.07/share).
- Non-GAAP gross margin 63.6%; cash and short-term investments $383.0M.
- Q3 FY2025 guidance: revenue $115M-$125M, non-GAAP gross margin 61.0%-63.0%.
- CEO Bill Brennan: inflection point arrived, driven by AI deployments and deepening customer relationships.

## SEC filing metadata
- accession: 0001628280-24-049564
- form_type: 8-K
- ticker: CRDO
- cik: 0001807794
- company_name: Credo Technology Group Holding Ltd
- filed_at: 2024-12-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1807794/000162828024049564/0001628280-24-049564-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1807794/000162828024049564/crdo-20241202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-049564
- JSON: https://secwatch.observer/filing/0001628280-24-049564.json
- Plain text: https://secwatch.observer/filing/0001628280-24-049564.txt

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