Credo Technology Group Fiscal Q1 Adjusted Earnings, Revenue Rise

04:22 PM EDT, 09/01/2026 (MT Newswires) -- Credo Technology Group Holding (CRDO) reported fiscal Q1 adjusted earnings late Monday of $1.20 per diluted share, up from $0.52 a year earlier. Analysts polled by FactSet expected $1.17. Revenue in the three months ended August 1 rose to $479.0 million from $223.1 million a year earlier. Analysts surveyed by FactSet expected $473.3 million. The company expects fiscal Q2 revenue of $525 million to $535 million. Analysts expect $519.8 million. Credo shares fell 4.4% in after-hours trading.