Marvell Technology (MRVL) Misses Q3 EPS by 2c, Guidance Misses

Get Alerts MRVL Hot Sheet
Price: $43.15 +2.76%
Revenue Growth %: +4.5%
Financial Fact:
General and administrative: 28.9M
Today's EPS Names:
VRTB, RNR, GFF, More
Revenue Growth %: +4.5%
Financial Fact:
General and administrative: 28.9M
Today's EPS Names:
VRTB, RNR, GFF, More
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Marvell Technology (NASDAQ: MRVL) reported Q3 EPS of $0.57, $0.02 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.56 billion.
GUIDANCE:
Marvell Technology sees Q4 2023 EPS of $0.41-$0.51, versus the consensus of $0.62. Marvell Technology sees Q4 2023 revenue of $1.4 billion, versus the consensus of $1.61 billion.
For earnings history and earnings-related data on Marvell Technology (MRVL) click here.
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