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Credo Revenue Jumps 274% in Fiscal Q1

TheMotleyFool

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Credo Technology Group (NASDAQ:CRDO), a provider of high-speed connectivity solutions for the data infrastructure market, delivered a standout fiscal 2026 first quarter on Sept. 3, 2025. Revenue hit $223.1 million, a sizable upside compared to the company’s revenue forecast of $185 million–$195 million for Q1 FY2026. Adjusted EPS reached $0.52.

The quarter showcased robust sales, strong margins, and a healthy balance sheet, while also flagging important risks in customer concentration and future margin pressure.

Source: Credo Technology. Note: Fiscal 2026's first quarter ended Aug. 2, 2025. Fiscal 2025's Q1 ended Aug. 3, 2024.

Source Fool.com