Needham & Company Downgrades Marvell (MRVL) to Hold
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Marvell Technology Group Ltd. Reports Preliminary Second Quarter of Fiscal 2016 Financial Results
September 11, 2015 8:30 AM EDTSANTA CLARA, Calif., Sept. 11, 2015 /PRNewswire/ --Â Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today reported preliminary financial results for the second quarter of fiscal year 2016, ended August 1, 2015.
Preliminary Second Quarter of Fiscal 2016 Financial Highlights (GAAP)
Revenue: Q2 FY 2016, $711 Million GAAP Net Loss: Q2 FY 2016, $382 Million GAAP Diluted Loss Per Share: Q2 FY 2016, $0.74The Company also announced that the Audit Committee of the Company's Board of Directors is... More
