Marvell Technology Group Ltd. Reports Fourth Quarter and Fiscal Year 2019 Financial Results

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Marvell Technology (MRVL) Reports In-Line Q4 EPS, Q1 Guidance Misses

March 7, 2019 4:07 PM EST

Marvell Technology (NASDAQ: MRVL) reported Q4 EPS of $0.25, in-line with the analyst estimate of $0.25. Revenue for the quarter came in at $745 million versus the consensus estimate of $740.31 million.

GUIDANCE:

Marvell Technology sees Q1 2020 EPS of $0.12-$0.16, versus the consensus of $0.23.... More