Marvell Technology (MRVL) Tops Q1 EPS by 1c, Revenues Beat; Offers 2Q EPS/Revenue Mid-Point Outlooks Above Consensus

May 31, 2018 4:07 PM

Marvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.32, $0.01 better than the analyst estimate of $0.31. Revenue for the quarter came in at $605 million versus the consensus estimate of $602.01 million.

Second Quarter of Fiscal 2019 Financial Outlook

GUIDANCE:

Marvell Technology sees Q2 2019 EPS of $0.32-$0.36, versus the consensus of $0.33. Marvell Technology sees Q2 2019 revenue of $600-690 million, versus the consensus of $621 million.

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

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