Marvell Technology Group Ltd. Reports Second Quarter of Fiscal Year 2018 Financial Results

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Marvell (MRVL) PT Lowered to $18.50 at Jefferies

August 25, 2017 8:07 AM EDT

Jefferies lowered its price target on Marvell (NASDAQ: MRVL) to $18.50 (from $19.00) while maintaining a Hold rating.

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Marvell Technology (MRVL) Tops Q2 EPS by 2c

August 24, 2017 4:11 PM EDT

Marvell Technology (NASDAQ: MRVL) reported Q2 EPS of $0.30, $0.02 better than the analyst estimate of $0.28. Revenue for the quarter came in at $605 million versus the consensus estimate of $600.7 million.

GUIDANCE:

Marvell Technology sees Q3 2018 EPS of $0.30-$0.34, versus the consensus of $0.31.... More