Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2023 Financial Results
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Marvell (MRVL) PT Lowered to $75 at Needham & Company; 'on Path to Grow Nearly 40% in FY23'
May 27, 2022 7:44 AM EDTNeedham & Company analyst N. Quinn Bolton lowered the price target on Marvell (NASDAQ: MRVL) to $75.00 (from $105.00) while maintaining a Buy rating following earnings.
The analyst commented, "MRVL's F1Q23 revenue was near the high-end of guidance and NG EPS beat by... More
Marvell Technology (MRVL) Tops Q1 EPS by 1c
May 26, 2022 4:06 PM EDTMarvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.52, $0.01 better than the analyst estimate of $0.51. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.43 billion.
GUIDANCE:
Marvell Technology sees Q2 2023 EPS of $0.53-$0.59, versus the consensus of... More
