Marvell Technology (MRVL) Tops Q4 EPS by 1c, Offers Q1 Guidance
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Marvell Technology Group Ltd. Reports Fourth Quarter and Fiscal Year 2018 Financial Results
March 8, 2018 4:05 PM ESTSANTA CLARA, Calif., March 8, 2018 /PRNewswire/ --Â Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in storage, networking and connectivity semiconductor solutions, today reported financial results for the fourth fiscal quarter and the full fiscal year, ended February 3, 2018. Revenue for the fourth quarter of fiscal 2018 was $615 million, which exceeded the midpoint of the Company's guidance provided on November 28, 2017.
GAAP net income from continuing operations for the fourth quarter of fiscal 2018 was $49 million, or $0.10 per share. Non-GAAP net income from continuing operations for the fourth quarter of fiscal 2018 was $165 million, or... More
