Marvell Technology (MRVL) November 13 straddle priced for 9% movement into Q3

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Go back to Marvell Technology (MRVL) November 13 straddle priced for 9% movement into Q3

Brean Capital Raises Price Target on Marvell Technology (MRVL) Following 3Q Beat

November 18, 2016 10:25 AM EST

Brean Capital reiterated a Buy rating on Marvell Technology (NASDAQ: MRVL), and raised the price target to $18.00 (from $16.00), following the company's 3Q earnings report. MRVL reported revenue of $654M versus Consensus estimates of $614M. Revenue growth in the quarter was driven by MRVLs Storage segment, which grew 19% Q/Q due to improved demand for... More

Needham & Company Reiterates Hold on Marvell Technology (MRVL) Following 3Q Report

November 18, 2016 8:36 AM EST

Needham & Company reiterated a Hold rating on Marvell Technology (NASDAQ: MRVL) following the company's 3Q earnings report. Marvell reported revenue and NG EPS of $654MM/$0.20, well ahead of the high end of guidance. Results benefited from $16MM of storage shipments... More

Marvell Technology (MRVL) Tops Q3 EPS by 8c; Issues Mixed Q4 Outlook

November 17, 2016 4:08 PM EST

Marvell Technology (NASDAQ: MRVL) reported Q3 EPS of $0.20, $0.08 better than the analyst estimate of $0.12. Revenue for the quarter came in at $654.4 million versus the consensus estimate of $615.89 million.

GUIDANCE:

Marvell Technology sees Q4 2017 EPS of $0.17-$0.21, versus the consensus of $0.13.... More