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CRDO Net Income

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In Q3'26, Credo Technology Group (CRDO) reported a net income of $157.14M USD, marking a substantial profit and the highest value in the observed period, reflecting strong financial performance amid ongoing growth. From Q4'23 to Q3'26, CRDO's net income transitioned from consistent quarterly losses, starting at -$15.94M USD and peaking at -$15.92M USD in Q1'24, to profitability beginning in Q3'24 at $0.43M USD, followed by a brief dip to -$10.48M USD in Q4'24. The trend accelerated positively from Q1'25 onward, with net income rising steadily to $29.36M USD in Q3'25, $36.59M USD in Q4'25, $63.40M USD in Q1'26, $82.64M USD in Q2'26, and culminating at $157.14M USD in Q3'26, supported by year-over-year growth rates improving from negative figures to highs of 67.60% in Q3'25 and 20.56% in Q2'26, indicating robust recovery and expansion in the semiconductor sector.