Credo Technology Group Holding Ltd — fact timeline
Source-grounded facts extracted from Credo Technology Group Holding Ltd's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Credo Technology Group Holding Ltd reported First Quarter of Fiscal Year 2027 results: revenue between $465.0 million and $475.0 million. Guidance initiated.
“First Quarter of Fiscal Year 2027 Financial Outlook • Revenue is expected to be between $465.0 million and $475.0 million”
Earnings Releases
Credo Technology Group Holding Ltd reported financial results for the fourth quarter and full fiscal year 2026, ended May 2, 2026.
“On June 1, 2026, Credo Technology Group Holding Ltd (the "Company") issued a press release announcing its financial results for the fiscal year ended May 2, 2026.”
Sylvia Acevedo was appointed as Lead Independent Director at Credo Technology Group Holding Ltd.
“the Board has also appointed Sylvia Acevedo, an independent member of the Board, as lead independent director, effective March 20, 2025.”
William J. Brennan was appointed as Chairman of the Board at Credo Technology Group Holding Ltd.
“the Board has appointed William J. Brennan, Chief Executive Officer and President of the Company and a member of the Board, to replace Mr. Tan as chairman of the Board.”
Fariba Danesh was elected as Class II Director at Credo Technology Group Holding Ltd.
“the Board elected Fariba Danesh to fill the vacancy as a Class II director”
Lip-Bu Tan changed role as Director at Credo Technology Group Holding Ltd.
“Further, Lip-Bu Tan, a member of the Board who was recently appointed as the chief executive officer of Intel Corporation, has stepped down as chairman of the Board and each applicable committee thereof, but will remain a member of the Board.”
David Zinsner resigned as Director at Credo Technology Group Holding Ltd.
“On March 19, 2025, David Zinsner, a member of the board of directors (the "Board") of Credo Technology Group Holding Ltd (the "Company"), resigned from the Board, effective March 19, 2025.”
Clyde Hosein was appointed as director at Credo Technology Group Holding Ltd.
“On April 1, 2024, the Board of Directors (the "Board") of Credo Technology Group Holding Ltd (the "Company") increased the number of directors of the company from eight to nine and appointed Clyde Hosein to serve on the Board as a Class III director, effective April 3, 2024, with a term expiring on the Company’s annual meeting of stockholders in 2024.”
Earnings Releases
Credo Technology Group Holding Ltd reported Fourth Quarter of Fiscal 2024 results: revenue between $59.0 million and $62.0 million. Guidance initiated.
“Fourth Quarter of Fiscal 2024 Financial Outlook • Revenue is expected to be between $59.0 million and $62.0 million”
Earnings Releases
Credo Technology Group Holding Ltd reported the third quarter of fiscal year 2024, ended January 27, 2024 results: revenue $53.1 million.
“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”
Adam Thorngate-Gottlund departed as General Counsel and Secretary at Credo Technology Group Holding Ltd.
“On January 3, 2024, Adam Thorngate-Gottlund, the General Counsel and Secretary of Credo Technology Group Holding Ltd (the “Company”), notified the Company that he will be stepping down from his position with the Company, effective January 25, 2024.”
Material Agreements
Credo Technology Group Holding Ltd entered into Underwriting Agreement with Goldman Sachs & Co. LLC, as representative of the underwriters, and the selling shareholders valued at $175.0 million (effective 2023-12-05).
“On December 5, 2023, Credo Technology Group Holding Ltd, a Cayman Islands exempted company (the “Company”), entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Company, Goldman Sachs & Co. LLC, as representative of the underwriters named in Schedule I thereto (the “Underwriters”), and the selling shareholders named in Schedule II thereto (the “Selling Shareholders”), providing for the issuance and sale by the Company of 8,940,000 of the Company’s ordinary shares, par value $0.00005 per share (the “Ordinary Shares”), at a public offering price of $17.50 per share, and the offer and sale of 1,060,000 Ordinary Shares by the Selling Shareholders, at a public offering price of $17.50 per share.”
Earnings Releases
Credo Technology Group Holding Ltd reported fiscal quarter ended October 28, 2023 results: revenue $44.0 million, net income GAAP net loss of $6.6 million and non-GAAP net income of $1.2 million, EPS GAAP diluted net loss per share of $0.04 and non-GAAP diluted net income per share of $0.01. Guidance initiated.
“market, today reported financial results for the second quarter of fiscal year 2024, ended October 28, 2023. Second Quarter of Fiscal Year 2024 Financial Highlights • Revenue of $44.0 million, grew by 25% quarter over quarter • GAAP gross margin of 59.3% and non-GAAP gross margin of 59.9% • GAAP operating expenses of $35.0 million and non-GAAP operating expenses of”
Shareholder Votes
Credo Technology Group Holding Ltd shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm at the 2023-10-17 meeting.
“A proposal to ratify the selection of Ernst & Young LLP as the independent registered public accounting firm for its fiscal year ending April 27, 2024. This proposal was approved as set forth below: For Against Abstain 121,254,020 5,431 9,896”
Shareholder Votes
Credo Technology Group Holding Ltd shareholders approved Advisory vote on frequency of future shareholder advisory votes on executive compensation at the 2023-10-17 meeting.
“A proposal to select, on an advisory basis, the frequency of future shareholder advisory votes on the compensation of the Company’s named executive officers: One Year Two Years Three Years Abstain Broker Non-Votes 104,635,697 37,612 679,732 8,138 15,908,168”
Shareholder Votes
Credo Technology Group Holding Ltd shareholders approved Election of three Class II directors at the 2023-10-17 meeting.
“A proposal to elect the three (3) Class II director nominees to hold office until the earlier of the 2026 Annual General Meeting or their resignation or removal. Each of the three (3) Class II director nominees named in the Proxy Statement was elected as set forth below: Nominee For Withheld Broker Non-Votes Pantas Sutardja 99,511,489 5,849,690 15,908,168 David Zinsner 101,179,616 4,181,563 15,908,168 Sylvia Acevedo 93,592,287 11,768,892 15,908,168”
Earnings Releases
Credo Technology Group Holding Ltd reported second quarter of fiscal 2024 results: revenue between $42.0 million and $44.0 million. Guidance initiated.
“Second Quarter of Fiscal 2024 Financial Outlook • Revenue is expected to be between $42.0 million and $44.0 million • GAAP gross margin is expected to be between 57.8% and 59.8%, and non-GAAP gross margin is expected to be between 58.0% and 60.0% • GAAP operating expenses are expected to be between $35.0 million and $37.0 million, and non-GAAP operating expenses are expected to be between $27.0 million and $29.0 million”
Earnings Releases
Credo Technology Group Holding Ltd reported first quarter of fiscal year 2024 results: revenue $35.1 million, net income GAAP net loss of $11.7 million and non-GAAP net loss of $4.7 million, EPS GAAP diluted net loss per share of $0.08 and non-GAAP diluted net loss per share of $0.03.
“First Quarter of Fiscal Year 2024 Financial Highlights • Revenue of $35.1 million, grew by 9% quarter over quarter • GAAP gross margin of 59.2% and non-GAAP gross margin of 59.8% • GAAP operating expenses of $35.2 million and non-GAAP operating expenses of $27.4 million • GAAP net loss of $11.7 million and non-GAAP net loss of $4.7 million • GAAP diluted net loss per share of $0.08 and non-GAAP diluted net loss per share of $0.03 • Ending cash and short-term investment balance of $237.6 million”
Earnings Releases
Credo Technology Group Holding Ltd reported First Quarter of Fiscal Year 2024 results: revenue $33.0 million and $35.0 million.
“First Quarter of Fiscal Year 2024 Financial Outlook • Revenue is expected to be between $33.0 million and $35.0 million • GAAP gross margin is expected to be between 57.8% and 59.8%, and non-GAAP gross margin is expected to be between 58.0% and 60.0% • GAAP operating expenses are expected to be between $34.0 million and $36.0 million, and non-GAAP operating expenses are expected to be between $26.0 million and $28.0 million”
Earnings Releases
Credo Technology Group Holding Ltd reported fourth quarter and full fiscal year 2023, ended April 29, 2023 results: revenue $32.1 million, net income GAAP net loss of $15.9 million and non-GAAP net loss of $5.7 million, EPS GAAP diluted net loss per share of $0.11 and non-GAAP diluted net loss per share of $0.04.
“Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the fourth quarter and full fiscal year 2023, ended April 29, 2023. Fourth Quarter of Fiscal Year 2023 Financial Highlights • Revenue of $32.1 million, decreased by 14.5% year over year • GAAP gross margin of 57.9% and non-GAAP gross margin of 58.2% • GAAP operating expenses of $35.0 million and non-GAAP operating expenses of $27.2 million • GAAP net loss of $15.9 million and non-GAAP net loss of $5.7 million • GAAP diluted net loss per share of $0.11 and non-GAAP diluted net loss per share of $0.04”
Earnings Releases
Credo Technology Group Holding Ltd reported the quarter ended January 28, 2023 results: revenue $54.3 million, net income $2.8 million, EPS $0.02. Guidance initiated.
“market, today reported financial results for the third quarter of fiscal year 2023, ended January 28, 2023. Third Quarter of Fiscal Year 2023 Financial Highlights • Revenue of $54.3 million, grew by 6% quarter over quarter • GAAP gross margin of 58.9% and non-GAAP gross margin of 59.3% • GAAP operating expenses of $34.9 million and non-GAAP operating expenses of”
Earnings Releases
Credo Technology Group Holding Ltd reported second quarter of fiscal year 2023, ended October 29, 2022 results: revenue $51.4 million, net income $3.4 million, EPS $0.02. Guidance reaffirmed.
“today reported financial results for the second quarter of fiscal year 2023, ended October 29, 2022. Q2 FY23 Financial Highlights • Revenue of $51.4 million, grew by 11% quarter over quarter • GAAP gross margin of 54.4% and non-GAAP gross margin of 54.9% • GAAP operating expenses of $29.7 million and non-GAAP operating expenses of $25.0 million • GAAP net loss of $3.4 million and non-GAAP net income of $2.4 million • GAAP net loss per share of $0.02 and non-GAAP diluted net income per share of $0.02”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.