Marvell Technology Group Ltd. Reports First Quarter of Fiscal Year 2019 Financial Results

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Morgan Stanley Reiterates Equal-Weight on Marvell Technology (MRVL) Following 1Q

June 1, 2018 7:37 AM EDT

Morgan Stanley reiterated an Equal-weight rating and $23.00 price target on Marvell Technology (NASDAQ: MRVL) following the company's 1Q earnings report. Marvell reported revenues of $604.6mn in the April quarter, slightly above the Street at $602mn. NonGAAP EPS of $0.32, came in $0.01 above the... More

Marvell Technology (MRVL) Tops Q1 EPS by 1c, Revenues Beat; Offers 2Q EPS/Revenue Mid-Point Outlooks Above Consensus

May 31, 2018 4:07 PM EDT

Marvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.32, $0.01 better than the analyst estimate of $0.31. Revenue for the quarter came in at $605 million versus the consensus estimate of $602.01 million.

Second Quarter of Fiscal 2019 Financial Outlook

Revenue is expected to be $600 million to $630 million. The... More