Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2024 Financial Results

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Go back to Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2024 Financial Results

Marvell Technology (MRVL) surges 20% following beat and raise

May 25, 2023 4:15 PM EDT

Marvell Technology (NASDAQ: MRVL) surges 20% following Q1 beat and raise:

reported Q1 EPS of $0.31, $0.02 better than the analyst estimate of $0.29. Revenue for the quarter came in at $1.32 billion versus the consensus estimate of $1.3 billion.sees Q2 2024 EPS of $0.27-$0.37, versus the consensus... More

Marvell Technology (MRVL) Tops Q1 EPS by 2c, Offers Guidance

May 25, 2023 4:10 PM EDT

Marvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.31, $0.02 better than the analyst estimate of $0.29. Revenue for the quarter came in at $1.32 billion versus the consensus estimate of $1.3 billion.

GUIDANCE:

Marvell Technology sees Q2 2024 EPS of $0.27-$0.37, versus the consensus of $0.31. Marvell Technology sees Q2 2024 revenue of $1.33 billion, versus the consensus of $1.31 billion.

"We delivered first quarter fiscal 2024... More