Marvell Technology (MRVL) Declares $0.06 Quarterly Dividend; 0.5% Yield

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Go back to Marvell Technology (MRVL) Declares $0.06 Quarterly Dividend; 0.5% Yield

Marvell Technology (MRVL) Reports In-Line Q3 EPS; Offers 4Q EPS/Revenue Guidance

December 3, 2020 4:08 PM EST

Marvell Technology (NASDAQ: MRVL) reported Q3 EPS of $0.25, in-line with the analyst estimate of $0.25. Revenue for the quarter came in at $750 million versus the consensus estimate of $750.97 million.

Q3 Revenue: $750 millionQ3 Gross Margin: 50.8% GAAP gross margin; 63.0% non-GAAP gross marginQ3 Diluted income (loss) per share: $(0.03) GAAP diluted loss per share; $0.25 non-GAAP diluted income per shareCash and short-term investments: $832... More