Credo Technology Group Holding Ltd reported financial results for the first quarter of fiscal year 2027, ended August 1, 2026. Revenue reached $479.0 million, representing a 114.7% increase year-over-year and a 9.6% sequential rise. The company posted GAAP net income of $129.4 million ($0.67 per diluted share) and non-GAAP net income of $236.3 million ($1.20 per diluted share). Management provided second-quarter fiscal 2027 revenue guidance between $525 million and $535 million. Credo Technology Group Holding Ltd operates in the semiconductor industry, providing high-speed connectivity solutions for data centers.