Marvell Technology Group Reports Q1 Revenue of $1.161 Billion, EPS of $0.24; CEO Optimistic About Growth, Q2 Guidance Released, EPS at $0.29

The Transcript@TheTranscript_

2 years ago

Marvell CEO: "We see a favorable setup for the second half of this fiscal year, driven by continued growth in data center and the beginning of a recovery in enterprise networking and carrier infrastructure" $MRVL: -1.7% AH https://t.co/6Irkfs80du

Wall St Engine@wallstengine

2 years ago

$MRVL | Marvell Tech Q1'25 Earnings Highlights: 🔹 EPS: $0.24 (Est. $0.25) 🔴 🔹 Revenue: $1.16B (Est. $1.18B) 🔴; DOWN -12% YoY Q2'25 Guidance: 🔹 EPS: $0.29 +/- $0.05 (Est. $0.30) 🟡 🔹 Revenue: $1.25B +/- 5% (Est. $1.24B) 🟡 Q1 Financial Metrics: 🔹 Net Revenue: $1.161B;…

The_Real_Fly@The_Real_Fly

2 years ago

Marvell reports EPS in-line, revs in-line; guides Q2 EPS in-line, revs in-line $MRVL