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CRDO posts record Q1 and guides for 85%+ fiscal 2027 revenue growth

CRDO reported record Q1 revenue and net income, driven by growth in AECs, optics and retimers. Optical revenue is expected to exceed $600 million in fiscal 2027, with guidance calling for over 85% year-over-year revenue growth.

CRDO

Record Q1 revenue and net income were driven by strong growth in AECs, optics, and retimers, with optical revenue expected to exceed $600 million in fiscal 2027.

Guidance calls for over 85% year-over-year revenue growth, supported by expanding AI infrastructure demand and new product ramps.Based on…