04:16 PM EDT, 09/03/2025 (MT Newswires) -- Credo Technology Group Holding ( CRDO ) reported fiscal Q1 adjusted earnings late Wednesday of $0.52 per diluted share, up from $0.04 a year earlier.

Analysts polled by FactSet expected $0.36.

Revenue for the three months ended Aug. 2 increased to $223.1 million from $59.7 million a year earlier.

Analysts surveyed by FactSet expected $190.6 million.

The company expects fiscal Q2 revenue of $230 million to $240 million. Analysts projected $201.9 million.

Credo shares were up over 5% in after-hours trading.