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

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Goldman Sachs Reinstates Marvell (MRVL) at Neutral

September 7, 2016 7:12 AM EDT

Goldman Sachs reinstated coverage on Marvell (NASDAQ: MRVL) with a Neutral rating and a price target of $12.00.

For an analyst ratings summary and ratings history on Marvell click here. For more ratings news on Marvell click here.

Shares of Marvell closed at $12.94 yesterday.

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Marvell Technology (MRVL) Tops Q2 EPS by 7c

September 6, 2016 6:35 AM EDT

Marvell Technology (NASDAQ: MRVL) reported Q2 EPS of $0.18, $0.07 better than the analyst estimate of $0.11. Revenue for the quarter came in at $626 million versus the consensus estimate of $629.96 million.

GUIDANCE:

Marvell Technology sees Q3 2017 EPS of $0.08-$0.13, versus the consensus of... More