Marvell Technology Group Ltd. Reports First Quarter of Fiscal Year 2021 Financial Results
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Marvell (MRVL) PT Raised to $36 at Susquehanna
May 29, 2020 7:49 AM EDTSusquehanna analyst Christopher Rolland raised the price target on Marvell (NASDAQ: MRVL) to $36.00 (from $35.00) while maintaining a Positive rating following the company's 1Q earnings report. 1Q revenue of $694 million, down -3.3% QOQ, was better than Street expectations of $680 million. Non-GAAP EPS of $0.18... More
Marvell (MRVL) PT Raised to $42 at Rosenblatt Following 1Q
May 29, 2020 7:47 AM EDTRosenblatt analyst Hans Mosesmann raised the price target on Marvell (NASDAQ: MRVL) to $42.00 (from $32.00) while maintaining a Buy rating following the company's 1Q report. For the April quarter, Marvell delivered sales of $693.6 million, down -3.3% q/q and up +4.7% y/y, above consensus of $680.7... More
Marvell Technology (MRVL) Tops Q1 EPS by 4c, Q2 Guidance Beats
May 28, 2020 4:09 PM EDTMarvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.18, $0.04 better than the analyst estimate of $0.14. Revenue for the quarter came in at $694 million versus the consensus estimate of $678.7 million.
GUIDANCE:
Marvell Technology sees Q2 2021 EPS of $0.17-$0.23, versus the consensus of $0.16.... More
