Marvell Technology (MRVL) Tops Q1 EPS by 3c; Guides Q2 Below Expectations
Marvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.13, $0.03 better than the analyst estimate of $0.10. Revenue for the quarter came in at $724 million versus the consensus estimate of $733.35 million.
Marvell Technology sees Q2 2016 EPS of $0.10-$0.12, versus the consensus of $0.16. Marvell Technology sees Q2 2016 revenue of $710-740 million, versus the consensus of $784.3 million.
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