Earnings call briefFiscal first-quarter 2027
Credo Technology Group expects more than $600 million in optical revenue
The company said it continues to expect an inflection in the second half of fiscal 27, with zero-flap optics, silicon-photonics PICs and optical DSPs each contributing more than $100 million.
GetSignal Credo Technology Group Holding CRDO
On its fiscal first-quarter 2027 call on September 1, 2026, Credo Technology Group said it continues to expect more than $600 million of optical revenue in fiscal 27. The company said it expects fiscal 27 total revenue growth of more than 85% year over year and non-GAAP gross margin broadly consistent with fiscal 26 levels. Chief Financial Officer Daniel Fleming said non-GAAP operating expenses are expected to rise approximately 55% year over year.
Quotes from the call
“As we move forward through fiscal year 27, we continue to expect an inflection in the second half driven by more than $600 million in optical revenue, with zero-flap optics, silicon-photonics PICs, and optical DSPs each contributing more than $100 million.”
Key facts from the call
- Fiscal 27 optical revenue outlook
- More than $600 million
- Fiscal 27 total revenue growth outlook
- More than 85% year over year
- Fiscal 27 non-GAAP operating expense outlook
- Approximately 55% year-over-year increase
Source: Credo Technology Group's fiscal first-quarter 2027 earnings call, September 1, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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