Marvell Technology (MRVL) Tops Q2 EPS by 1c; Guides

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Go back to Marvell Technology (MRVL) Tops Q2 EPS by 1c; Guides

Marvell Technology, Inc. Reports Second Quarter of Fiscal Year 2023 Financial Results

August 25, 2022 4:05 PM EDT

Q2 Net Revenue: $1.517 billion, grew by 41% year-on-yearQ2 Gross Margin: 51.8% GAAP gross margin; 65.0% non-GAAP gross marginQ2 Diluted income per share: $0.01 GAAP diluted income per share; $0.57 non-GAAP diluted income per share

SANTA CLARA, Calif., Aug. 25, 2022 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the second quarter of fiscal year 2023.

Net revenue for the second quarter of fiscal 2023 was $1.517 billion, consistent with the midpoint of... More