Marvell Technology (MRVL) Reports In-Line Q4 EPS; Guides Q1 Below Views

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Go back to Marvell Technology (MRVL) Reports In-Line Q4 EPS; Guides Q1 Below Views

Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results

March 2, 2023 4:05 PM EST

Q4 Net Revenue: $1.419 billion, grew by 6% year-on-yearQ4 Gross Margin: 47.5% GAAP gross margin; 63.5% non-GAAP gross marginQ4 Diluted income (loss) per share: $(0.02) GAAP diluted loss per share; $0.46 non-GAAP diluted income per share

SANTA CLARA, Calif., March 2, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the fourth fiscal quarter and the full fiscal year, ended January 28, 2023.

Net revenue for the fourth quarter of fiscal 2023 was $1.419... More