Have you evaluated the performance of Marvell Technology's (MRVL) international operations during the quarter that concluded in April 2024? Considering the extensive worldwide presence of this chipmaker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journ ...

Marvell Technology (MRVL) closed the last trading session at $68.81, gaining 0.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $87.94 indicates a 27.8% upside potential.The average comprises 28 short-term price targets ranging from a low of $71 to a high of $100, with a standard deviation of $7.83. While the lowest estimate indicates an increase of 3.2% from the current price le ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 4, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-40357 MARVELL TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) Delaware 85-3971597 (State or other jurisdic ...

Marvell Technology (MRVL) reported $1.16 billion in revenue for the quarter ended April 2024, representing a year-over-year decline of 12.2%. EPS of $0.24 for the same period compares to $0.31 a year ago.The reported revenue represents a surprise of +0.79% over the Zacks Consensus Estimate of $1.15 billion. With the consensus EPS estimate being $0.23, the EPS surprise was +4.35%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

Marvell Technology (MRVL) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.35%. A quarter ago, it was expected that this chipmaker would post earnings of $0.46 per share when it actually produced earnings of $0.46, delivering no surprise.Over the last four quarters, the company has s ...

Exhibit 99.1 Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2025 Financial Results • Q1 Net Revenue: $1.161 billion, declined by (12)% year-on-year • Q1 Gross Margin: 45.5% GAAP gross margin; 62.4% non-GAAP gross margin • Q1 Diluted income (loss) per share: $(0.25) GAAP diluted loss per share; $0.24 non-GAAP diluted income per share Santa Clara, Calif. (May 30, 2024) - Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial re ...

Q1 Net Revenue: $1.161 billion, declined by (12)% year-on-yearQ1 Gross Margin: 45.5% GAAP gross margin; 62.4% non-GAAP gross marginQ1 Diluted income (loss) per share: $(0.25) GAAP diluted loss per share; $0.24 non-GAAP diluted income per shareSANTA CLARA, Calif., May 30, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2025.Net revenue for the first quarter of fiscal 20 ...

Marvell Technology, Inc MRVL was moving slightly higher on Thursday ahead of its first-quarter earnings print set to take place after the market closes.When Marvell printed its fourth-quarter earnings on March 7, the stock plunged over 11% the following day and entered into a steep downtrend, which brought the stock to a low of $63.46 on March 19.For that quarter, Marvell reported earnings per share of 46 cents, in line with the consensus estimate. The stock printed revenues of $1.427 billion, which exceede ...

Built on Marvell industry-leading 5nm PAM4 technology, new Alaska® P PCIe retimer product line scales connections between AI accelerators, GPUs, CPUs and other components inside servers. Higher compute performance for AI drives requirement for a new category of connectivity devices.Industry's lowest power PCIe Gen 6 16-lane retimer is now sampling.SANTA CLARA, Calif., May 30, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today expanded ...

Key TakeawaysMarvell Technology is set to release its first-quarter earnings report for the 2025 fiscal year after the bell on Thursday.The tech company is expected to report falling revenue sequentially and from the year-ago period, while net income is projected to show a narrowing loss sequentially, but a widening loss from the year-ago quarter, according to analyst estimates compiled by Visible Alpha.Investors are likely to be watching data center revenue, as the segment is exposed to Marvell's AI-relate ...