secwatch.observer — SEC 8-K summary
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Issuer:     Credo Technology Group Holding Ltd (CRDO)
CIK:        0001807794
Form:       8-K
Filed at:   2025-03-04T23:59:59+00:00
Accession:  0001628280-25-009813
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Credo reports Q3 FY2025 revenue $135M, up 154% YoY; guides Q4 $155-165M
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- Revenue $135.0M, up 87.4% QoQ and 154.4% YoY; record driven by AEC product line.
- GAAP net income $29.4M ($0.16 diluted EPS); non-GAAP net income $45.4M ($0.25 EPS).
- Ending cash and short-term investments $379.2M.
- Q4 FY2025 revenue guidance $155-165M, sequentially up ~18% at midpoint.
- Non-GAAP gross margin guidance 63.0%-65.0%; GAAP operating expenses $73-75M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807794/000162828025009813/0001628280-25-009813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807794/000162828025009813/crdo-20250304.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-009813

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