Marvell Technology (MRVL) Tops Q3 EPS by 8c; Issues Mixed Q4 Outlook
Marvell Technology (NASDAQ: MRVL) reported Q3 EPS of $0.20, $0.08 better than the analyst estimate of $0.12. Revenue for the quarter came in at $654.4 million versus the consensus estimate of $615.89 million.
Marvell Technology sees Q4 2017 EPS of $0.17-$0.21, versus the consensus of $0.13. Marvell Technology sees Q4 2017 revenue of $553.7-576.3 million, versus the consensus of $594.6 million.
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