Marvell Technology (MRVL) Misses Q1 EPS by 6c

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Go back to Marvell Technology (MRVL) Misses Q1 EPS by 6c

Marvell Technology Group Ltd. Reports First Quarter of Fiscal 2017 Financial Results

July 27, 2016 4:05 PM EDT

SANTA CLARA, Calif., July 27, 2016 /PRNewswire/ -- Marvell (NASDAQ: MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today reported financial results for the first quarter of fiscal year 2017, ended April 30, 2016.  

Key First Quarter of Fiscal 2017 Highlights               

Revenue: Q1 FY 2017, $541 Million GAAP Net (Loss): Q1 FY 2017, ($23) Million GAAP Diluted (Loss) Per Share: Q1 FY 2017, ($0.04) Non-GAAP Net Income: Q1 FY 2017, $7 Million Non-GAAP Diluted EPS: Q1 FY 2017, $0.01     ... More