Marvell Technology (MRVL) Tops Q1 EPS by 3c; Issues Solid Outlok

Marvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.24, $0.03 better than the analyst estimate of $0.21. Revenue for the quarter came in at $579 million versus the consensus estimate of $570.67 million.

GUIDANCE:

Marvell Technology sees Q2 2018 EPS of $0.26-$0.30, versus the consensus of $0.25. Marvell Technology sees Q2 2018 revenue of $585-615 million, versus the consensus of $591.67 million.

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

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