Core Viewpoint - Marvell Technology Inc. reported better-than-expected results and guidance, but the stock did not respond positively, indicating a tougher scrutiny from Wall Street on artificial intelligence-related companies [1] Financial Performance - The company anticipates revenue of $1.875 billion for its fiscal first quarter, which is slightly above the FactSet consensus estimate of $1.865 billion [1]

Exhibit 99.1 Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2025 Financial Results Santa Clara, Calif. (March 5, 2025) - Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the fourth fiscal quarter and fiscal year ended February 1, 2025. Net revenue for the fourth quarter of fiscal 2025 was $1.817 billion, $17.0 million above the mid-point of the Company's guidance provided on December 3, 2024. GAAP net inco ...

Core Insights - Marvell Technology, Inc. reported a record fourth-quarter revenue of $1.817 billion, representing a 20% sequential increase and a 27% year-over-year growth, driven by strong performance in the data center market [4][10][30] - For fiscal year 2025, the company achieved net revenue of $5.767 billion, with a GAAP net loss of $(885.0) million, while non-GAAP net income was $1.377 billion [3][19] - The company anticipates first-quarter revenue growth of over 60% year-over-year for fiscal 2026, indicating a strong outlook for the upcoming year [4][27] Financial Performance - Fourth-quarter GAAP net income was $200.2 million, or $0.23 per diluted share, while non-GAAP net income was $531.4 million, or $0.60 per diluted share [2][10] - Fiscal 2025 saw a GAAP net loss of $(885.0) million, translating to $(1.02) per diluted share, contrasted with a non-GAAP net income of $1.377 billion, or $1.57 per diluted share [3][24] - Operating cash flow for the fourth quarter was $514.0 million, contributing to a total of $1.68 billion for the fiscal year [4][19] Market Segmentation - The data center segment accounted for 75% of total revenue in the fourth quarter, with a year-over-year growth of 78% [30] - Other segments included enterprise networking (9% of revenue), carrier infrastructure (6%), consumer (5%), and automotive/industrial (5%) [30] - The company has secured multiple new design wins, particularly in custom AI silicon programs, which are expected to drive future growth [4][29] Future Outlook - Marvell expects first-quarter net revenue to be approximately $1.875 billion, with GAAP gross margin around 50.5% and non-GAAP gross margin expected to be about 60% [11][27] - The company plans to maintain a focus on its custom AI silicon programs and interconnect products, which are anticipated to contribute significantly to revenue growth [4][29]

Semiconductor stock Marvell Technology Inc (NASDAQ:MRVL) is up 2.7% to trade at $88.13 at last glance, brushing off today's headwinds, though it was earlier on track for its seventh loss in nine days. A short-term bounce stock back up toward its Jan. 23 all-time high of $127.48 could also be in the cards, as the equity is flashing a historically bullish signal on the charts. Per Schaeffer's Senior Quantitative Analyst Rocky White, MRVL has pulled back to its 260-day moving average. Specifically, the stock i ...

Core Viewpoint - Marvell Technology, Inc. is poised to report strong growth in its data center business driven by the increasing demand for AI solutions, with expectations of significant revenue increases in the upcoming fourth-quarter fiscal 2025 results [1][2][5]. Group 1: Data Center Business Performance - Marvell's data center segment has shown remarkable performance, achieving record revenues of $1.1 billion in the third quarter of fiscal 2025, reflecting a 98% year-over-year increase and 25% sequential growth [4]. - For the fourth quarter, Marvell anticipates data center revenues to grow by 20-25% sequentially, with estimates suggesting revenues could reach $1.36 billion, indicating a robust 23.5% sequential growth [5]. - The company's collaboration with major cloud providers like Amazon Web Services enhances its position in the AI-optimized silicon market [5]. Group 2: Custom AI Silicon as a Growth Driver - Marvell has made significant advancements in the AI semiconductor sector through its custom AI silicon programs, successfully ramping up its 100-billion-transistor AI accelerators [6]. - The demand for custom AI silicon remains strong, with an expanding pipeline across multiple customers, providing Marvell with a competitive edge in the AI data center market [7]. - Management indicated that the company is set to exceed its full-fiscal 2025 AI revenue target of $1.5 billion, driven by the growing demand for custom AI silicon [8]. Group 3: Electro-Optics and Networking Contributions - Marvell's electro-optics and high-speed networking segments are expected to significantly contribute to fourth-quarter revenues, with strong order momentum for its 800-gig PAM and 400ZR interconnect solutions [9]. - The company has begun shipments of its 1.6T PAM DSP technology, which enhances bandwidth efficiency and energy savings for next-generation data center interconnects [10]. - Electro-optics revenues grew by double digits sequentially in the last reported quarter, with further gains anticipated as AI adoption accelerates [10].

Marvell Technology, Inc. (MRVL) is likely to beat expectations when it reports fourth-quarter fiscal 2025 results after market close on March 5.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Marvell projects total revenues for the fiscal fourth quarter of $1.8 billion (+/- 5%). The Zacks Consensus Estimate for revenues is pegged at $1.8 billion, which indicates an increase of 26.5% from the year-ago quarter’s reported figure.MRVL anticipates non-GAAP earnings to be 59 cents per sha ...

The Marvell® 2nm platform will enable hyperscalers to dramatically boost the performance and efficiency of their infrastructure to meet the performance and efficiency demands of the AI era. Built on TSMC's 2nm process, the silicon is a critical part of the Marvell platform for developing next-generation custom AI accelerators, CPUs, and networking. The silicon IP includes high-speed 3D I/O for vertically stacking die inside chiplets. SANTA CLARA, Calif., March 3, 2025 /PRNewswire/ -- Marvell Technology, In ...

Core Viewpoint - Marvell Technology (NASDAQ: MRVL) is expected to report its Q4 and FY 2025 earnings on March 5th after market close, with a bullish sentiment surrounding the announcement due to recent share price weakness [1]. Company Summary - Marvell Technology is preparing for its earnings report, which is anticipated to provide insights into the company's financial performance and future outlook [1].

Core Viewpoint - Marvell Technology (MRVL) is experiencing significant selling pressure, with a 20.6% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst consensus for better-than-expected earnings [1][5][6]. Group 1: Stock Performance and Technical Indicators - MRVL's stock has declined 20.6% in the last month, indicating strong selling pressure [1]. - The Relative Strength Index (RSI) for MRVL is currently at 28.73, suggesting it is in oversold territory, which may lead to a trend reversal [5][6]. - A stock is typically considered oversold when its RSI falls below 30, indicating a potential price reversal [2]. Group 2: Analyst Sentiment and Earnings Estimates - There is strong agreement among sell-side analysts that MRVL will report better earnings than previously predicted, with a 0.9% increase in consensus EPS estimates over the last 30 days [6]. - MRVL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a favorable outlook for the stock [7].

Core Insights - Marvell Technology (MRVL) is expected to report quarterly earnings of $0.59 per share, a 28.3% increase year-over-year, with revenues projected at $1.8 billion, reflecting a 26.5% year-over-year growth [1] Earnings Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating analysts have collectively reassessed their initial estimates [1][2] Revenue Projections by End Market - Analysts project 'Net Revenue by end market- Data center' to be $1.37 billion, a significant increase of 78.6% from the previous year [4] - 'Net Revenue by end market- Carrier infrastructure' is estimated at $97.54 million, showing a decline of 42.6% year-over-year [4] - 'Net Revenue by end market- Automotive/industrial' is expected to reach $86.63 million, reflecting a 5.3% increase from the prior year [5] - The consensus for 'Net Revenue by end market- Consumer' stands at $82.37 million, indicating a decrease of 42.8% from the year-ago quarter [5] - 'Net Revenue by end market- Enterprise networking' is forecasted to be $172.49 million, representing a decline of 34.9% year-over-year [6] Stock Performance - Marvell shares have decreased by 20.6% over the past month, contrasting with a 2.4% decline in the Zacks S&P 500 composite [6] - With a Zacks Rank 2 (Buy), MRVL is anticipated to outperform the overall market in the near future [6]