Marvell Technology Group Ltd. Reports Second Quarter of Fiscal Year 2020 Financial Results
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August 30, 2019 8:44 AM EDT
Oppenheimer analyst Rick Schafer reiterated an Outperform rating and $30.00 price target on Marvell (NASDAQ: MRVL) following the company's 2Q report. MRVL reported F2Q19 sales/EPS of $657M/$0.16 above consensus of $650M/ $0.15E. F3Q guidance of $660M/$0.17 was below Street at... More
August 30, 2019 7:04 AM EDT
Benchmark analyst Ruben Roy reiterated a Buy rating and $30.00 price target on Marvell (NASDAQ: MRVL) following the company's 2Q report. MRVL reported fiscal 2Q results that were slightly ahead of expectations with storage segment revenue stabilizing and operating expense reductions achieving company targets... More
August 29, 2019 4:08 PM EDT
Marvell Technology (NASDAQ: MRVL) reported Q2 EPS of $0.16, $0.01 better than the analyst estimate of $0.15. Revenue for the quarter came in at $657 million versus the consensus estimate of $652.05 million.
"Marvell delivered solid second quarter results with revenue above the mid-point of our guidance and we... More
