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

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/3/2026

1. AAPL
2. PLTR
3. VRTX
4. CHKP
5. CRWD
6. ON
7. HNGE
8. INSP
9. MTCH
10. CVI

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

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

May 31, 2018 4:05 PM EDT

SANTA CLARA, Calif., May 31, 2018 /PRNewswire/ -- Marvell 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 2019. Revenue for the first quarter of fiscal 2019 was $605 million, which exceeded the midpoint of the Company's guidance provided on March 8, 2018.

GAAP net income from continuing operations for the first quarter of fiscal 2019 was $129 million, or $0.25 per diluted share. Non-GAAP net income from continuing operations for the first quarter of fiscal 2019 was $165 million, or $0.32 per diluted share. Cash flow... More