Marvell Technology (MRVL) Tops Q1 EPS by 3c; Guides Q2 Below Expectations
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Marvell Technology Group Ltd. Reports First Quarter of Fiscal 2016 Financial Results
May 21, 2015 4:05 PM EDTSANTA CLARA, Calif., May 21, 2015 /PRNewswire/ --Â Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today reported financial results for the first quarter of fiscal year 2016, ended May 2, 2015.
Key First Quarter of Fiscal 2016 Financial Highlights
Revenue: Q1 FY 2016, $724 Million GAAP Net Income: Q1 FY 2016, $14 Million GAAP Diluted EPS: Q1 FY 2016, $0.03 Non-GAAP Net Income: Q1 FY 2016, $71 Million Non-GAAP Diluted EPS: Q1 FY 2016, $0.13 Free Cash Flow: Q1 FY 2016, $44... More