Marvell Technology (MRVL) Tops Q4 EPS by 1c, Offers Q1 Guidance
Get Alerts MRVL Hot Sheet
Price: $64.85 +1.55%
EPS Growth %: -22.6%
Financial Fact:
Cost of goods sold: 286.06M
Today's EPS Names:
NLY, CP, RUSHA, More
EPS Growth %: -22.6%
Financial Fact:
Cost of goods sold: 286.06M
Today's EPS Names:
NLY, CP, RUSHA, More
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Marvell Technology (NASDAQ: MRVL) reported Q4 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $718 million versus the consensus estimate of $712.95 million.
GUIDANCE:
Marvell Technology sees Q1 2021 EPS of $0.11-$0.17, versus the consensus of $0.13. Marvell Technology sees Q1 2021 revenue of $680 million at mid-point, versus the consensus of $674.8 million.
- Revenue is expected to be $680 million +/- 5%.
- GAAP gross margin is expected to be approximately 47.5%.
- Non-GAAP gross margin is expected to be approximately 63%.
- GAAP operating expenses are expected to be $410 million +/- $3 million.
- Non-GAAP operating expenses are expected to be $310 million +/- $2.5 million.
- GAAP diluted loss per share is expected to be $(0.20) to $(0.12) per share.
- Non-GAAP diluted income per share is expected to be $0.11 to $0.17 per share
For earnings history and earnings-related data on Marvell Technology (MRVL) click here.
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