Marvell Technology (MRVL) Misses Q3 EPS by 2c, Guidance Misses

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

December 1, 2022 4:05 PM EST

Q3 Net Revenue: $1.537 billion, grew by 27% year-on-yearQ3 Gross Margin: 50.6% GAAP gross margin; 64.0% non-GAAP gross marginQ3 Diluted income per share: $0.02 GAAP diluted income per share; $0.57 non-GAAP diluted income per share

SANTA CLARA, Calif., Dec. 1, 2022 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the third quarter of fiscal year 2023.

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