Marvell Technology (MRVL) Tops Q1 EPS by 1c

Marvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.52, $0.01 better than the analyst estimate of $0.51. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.43 billion.

GUIDANCE:

Marvell Technology sees Q2 2023 EPS of $0.53-$0.59, versus the consensus of $0.55. Net revenue is expected to be $1.515 billion +/- 3%.

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

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