Marvell Technology (MRVL) Tops Q3 EPS by 8c; Issues Mixed Q4 Outlook

November 17, 2016 4:08 PM EST
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Price: $14.35 +0.70%

Financial Fact:
Cost of goods sold: 286.06M

Today's EPS Names:
OPTT, LEE, FGP, More
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Marvell Technology (NASDAQ: MRVL) reported Q3 EPS of $0.20, $0.08 better than the analyst estimate of $0.12. Revenue for the quarter came in at $654.4 million versus the consensus estimate of $615.89 million.

GUIDANCE:

Marvell Technology sees Q4 2017 EPS of $0.17-$0.21, versus the consensus of $0.13. Marvell Technology sees Q4 2017 revenue of $553.7-576.3 million, versus the consensus of $594.6 million.

For earnings history and earnings-related data on Marvell Technology (MRVL) click here.



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