Marvell Technology (MRVL) Tops Q1 EPS by 3c; Issues Solid Outlok
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Marvell Technology Group Ltd. Reports First Quarter of Fiscal Year 2018 Financial Results
May 25, 2017 4:05 PM EDTSANTA CLARA, Calif., May 25, 2017 /PRNewswire/ --
Q1 Revenue: $579 million Q1 Gross Margin: 60.2% GAAP gross margin; 60.4% non-GAAP gross margin Q1 Diluted earnings per share: $0.19 GAAP diluted earnings per share from continuing operations; $0.24 non-GAAP diluted earnings per share from continuing operations Cash and short-term investments: $1.65 billionMarvell Technology Group Ltd. (NASDAQ: MRVL), a leader in storage, networking and connectivity semiconductor solutions, today reported financial results for the first fiscal quarter of fiscal year 2018. Revenue for the first quarter of fiscal 2018 was $579 million, which... More
