Marvell Technology (MRVL) Tops Q4 EPS by 3c; Issues Solid Outlook

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Go back to Marvell Technology (MRVL) Tops Q4 EPS by 3c; Issues Solid Outlook

Marvell Technology Group Ltd. Reports Fourth Quarter and Fiscal Year 2017 Financial Results

March 2, 2017 4:05 PM EST

SANTA CLARA, Calif., March 2, 2017 /PRNewswire/ --

Q4 Revenue: $571 Million Q4 GAAP gross margin of 57.3%; Non-GAAP gross margin of 57.6% Q4 GAAP diluted loss per share from continuing operations of ($0.15); Non-GAAP diluted earnings per share from continuing operations of $0.22  Cash and short-term investments: $1.67 Billion

Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in storage, networking, and wireless connectivity semiconductor solutions, today reported financial results for the fourth fiscal quarter and the full fiscal year, ended January 28, 2017. Revenues for the fourth quarter of fiscal 2017 were $571 million,... More