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Credo Technology Group posts Q1 FY2027 revenue of $479.0M

Credo Technology Group reported Q1 FY2027 revenue of $479.0 million and GAAP net income of $129.4 million for the quarter ended August 1, 2026. GAAP gross margin was 64.5% and non-GAAP diluted EPS was $1.20.

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Credo Technology Group reported first-quarter fiscal 2027 results with revenue of $479.0 million and GAAP net income of $129.4 million for the quarter ended August 1, 2026.

GAAP gross margin was 64.5% while non-GAAP diluted net income per share was $1.20.

The company announced second-quarter revenu…