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

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

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

May 25, 2023 4:05 PM EDT

Q1 Net Revenue: $1.322 billion, declined by 9% year-on-yearQ1 Gross Margin: 42.2% GAAP gross margin; 60.0% non-GAAP gross marginQ1 Diluted income (loss) per share: $(0.20) GAAP diluted loss per share; $0.31 non-GAAP diluted income per share

SANTA CLARA, Calif., May 25, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor... More