Marvell Technology Group Ltd. Reports First Quarter of Fiscal 2016 Financial Results
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Brean Capital Maintains Buy on Marvell Technology (MRVL) Following Q1
May 22, 2015 7:41 AM EDTBrean Capital maintains a Buy rating and $16 price target on Marvell (NASDAQ: MRVL) following April's quarter results. Analyst Mike Burton said that MRVL reported a 16% sequential decline in revenue, MRVL's 4th consecutive miss.
"Marvell reported April quarter results in line with their negative pre-announcement (off... More
Marvell (MRVL) PT, Estimates Cut at Susquehanna Post Q1, Cautious Outlook
May 22, 2015 6:46 AM EDTSusquehanna analyst Chris Caso lowered his price target on Marvell (NASDAQ: MRVL) to $18.00 (from $20.00) following results and cautious guidance after the close but maintained a Positive rating.
Caso commented, "MRVL reported earnings last night, and guided the July quarter cautiously, about flat Q/Q, after the significant miss in April. We think there are three important elements... More
Marvell Technology (MRVL) Tops Q1 EPS by 3c; Guides Q2 Below Expectations
May 21, 2015 4:06 PM EDTMarvell 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... More
