分组1 - Okta reported third quarter adjusted EPS of $0.82, beating estimates of $0.76, with revenue of $742 million, exceeding expectations of $730.5 million [1][2] - For the fourth quarter, Okta forecasts EPS between $0.84 and $0.85, with revenue estimates of $748 to $750 million, surpassing previous estimates of $738.6 million [2][3] - Fiscal year revenue is now expected to be $2.91 billion, up from earlier estimates of $2.88 to $2.89 billion, indicating upward revisions across the board [3][4] 分组2 - Remaining performance obligations (RPO) grew by 17% year-over-year to $4.292 billion, while current remaining performance obligations (CRPO) increased by 13% to $2.328 billion, slightly above expectations [5][7] - Analysts expressed concerns about a potential deceleration in growth, as the current RPO number may indicate challenges for near-term revenue [6][9] - The company operates primarily on a subscription model, with over 80-90% of revenue derived from subscriptions, making the backlog of orders critical for future revenue [6][12] 分组3 - Marvell's third quarter EPS came in at $0.76, slightly above expectations, with revenue of $2.07 billion, also just above the forecast [15][17] - Marvell announced the acquisition of Celestial AI for approximately $3.25 billion, which has raised concerns among investors regarding the impact on stock performance [16][22] - The expected gross margins for the quarter are between 51.1% and 52.1%, with potential impacts on free cash flow due to the acquisition and expansion in the AI space [19][20] 分组4 - CrowdStrike reported third quarter EPS of $0.96, beating expectations of $0.94, with revenue of $1.23 billion, slightly above the forecast of $1.21 billion [27][28] - For the fourth quarter, CrowdStrike's EPS guidance is between $1.09 and $1.11, with revenue expected to be between $1.29 billion and $1.3 billion, aligning with estimates [28][30] - The company achieved record Q3 net new recurring revenue of $265 million, a 73% year-over-year acceleration, with an ending annual recurring revenue of $4.92 billion, up 23% year-over-year [33][34]

Core Insights - Marvell Technology Inc. reported third-quarter earnings that exceeded analyst expectations, with adjusted earnings of 76 cents per share compared to the estimated 73 cents [2] - The company also announced the acquisition of Celestial AI, which is expected to enhance its product offerings [3] Financial Performance - Quarterly revenue reached $2.08 billion, surpassing the Street estimate of $2.07 billion and showing significant growth from $1.52 billion in the same period last year [2][4] - Marvell's Chairman and CEO, Matt Murphy, highlighted that the record revenue was driven by strong demand for data center products [3] Future Outlook - The company is guiding for robust growth in the fourth quarter, with full-year revenue growth forecasted to exceed 40% [4] - Demand for Marvell's products is expected to continue accelerating, leading to an upward revision of data center revenue growth forecasts for the next year [4] Stock Performance - Following the earnings announcement, Marvell's stock fell by 6.33% to $87.01 in extended trading [4]

Exhibit 99.1 Net revenue for the third quarter of fiscal 2026 was $2.075 billion, $15.0 million above the mid-point of the Company's guidance provided on August 28, 2025. On August 14, 2025, the Company completed the sale of its automotive ethernet business to Infineon Technologies AG for $2.5 billion in cash, which resulted in a pre-tax gain on sale of $1.8 billion. Marvell's results for the third quarter of fiscal 2026 include the results of the automotive ethernet business through the sale date, while pr ...

Core Viewpoint - Marvell Technology is acquiring semiconductor startup Celestial AI for a total of $3.25 billion in a cash-and-stock transaction to enhance its networking product offerings amid increasing competition in the semiconductor industry [1] Group 1: Acquisition Details - The acquisition deal is valued at $3.25 billion, combining both cash and stock components [1] - This strategic move aims to bolster Marvell's capabilities in networking products [1] Group 2: Industry Context - The semiconductor industry is experiencing intensified competition, prompting companies like Marvell to seek innovative solutions through acquisitions [1]

Core Insights - Marvell Technology is acquiring semiconductor startup Celestial AI for $3.25 billion, which is expected to enhance its capabilities in photonics technology and contribute to future revenue growth [1][5][6] Company Overview - Marvell anticipates total revenue of approximately $10 billion for the next fiscal year, with a projected 25% increase in data center revenue [3] - The company expects a 20% growth in its custom chip business revenue next year [4] Industry Context - The generative AI boom is accelerating chipmakers' development processes, leading to increased demand for custom chips tailored for advanced data centers [2] - Marvell and competitors like Broadcom are focusing on designing chips for cloud-computing companies, which has become a significant business segment [2] Acquisition Details - The acquisition of Celestial AI will provide Marvell access to photonics technology, which utilizes light for connections between AI chips and memory chips, positioning it against competitors like Broadcom and Nvidia [5] - The deal includes $1 billion in cash and 27.2 million shares of Marvell common stock valued at $2.25 billion [6] Future Projections - Marvell expects to see meaningful revenue contributions from Celestial AI starting in the second half of fiscal 2028, with an annualized run rate of $500 million by Q4 of fiscal 2028, potentially doubling to $1 billion by Q4 of fiscal 2029 [7] - The acquisition is projected to close in Q1 of calendar year 2026 [7] Strategic Partnerships - In relation to the Celestial acquisition, Marvell has issued a warrant to Amazon, allowing Amazon to purchase Marvell shares based on its acquisition of photonic fabric products until the end of 2030 [8]

Core Insights - Marvell Technology, Inc. has announced a definitive agreement to acquire Celestial AI, which specializes in a disruptive Photonic Fabric technology platform designed for scalable optical interconnects [1] - This acquisition is seen as a transformational milestone that will enhance Marvell's connectivity strategy, particularly for next-generation AI and cloud data centers [1] Company Summary - Marvell Technology is recognized as a leader in data infrastructure semiconductor solutions [1] - The acquisition of Celestial AI aligns with Marvell's strategic focus on advancing its capabilities in AI and cloud data center connectivity [1] Industry Summary - The move reflects a growing trend in the semiconductor industry towards integrating advanced technologies that support AI and cloud infrastructure [1] - Photonic technology is becoming increasingly important for improving data transfer speeds and efficiency in data centers [1]

SANTA CLARA, Calif.--(BUSINESS WIRE)--Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the third quarter of fiscal year 2026. Net revenue for the third quarter of fiscal 2026 was $2.075 billion, $15.0 million above the mid-point of the Company's guidance provided on August 28, 2025. On August 14, 2025, the Company completed the sale of its automotive ethernet business to Infineon Technologies AG for $2.5 billi. ...

Core Viewpoint - Marvell Technology's stock price increased by 2% following rumors of a potential acquisition of AI startup Celestial AI [1] Company Summary - Marvell Technology (MRVL) is reportedly preparing to acquire Celestial AI, an AI startup, which has positively impacted its stock performance [1]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Insights - Marll is set to report its third-quarter earnings, with expectations of strong performance driven by AI momentum and growth in revenue and earnings per share (EPS) [1][3][4] Earnings Expectations - EPS is anticipated to be 75 cents, an increase from 67 cents in the previous quarter and a 43% rise year-over-year [4] - Revenue is expected to reach $2.06 billion, reflecting approximately 36% year-over-year growth and an increase from $2.01 billion last quarter [5] AI and Data Center Focus - The revenue breakdown will be crucial, particularly the contribution from AI and data center products compared to legacy chips [5][9] - Strong demand for custom AI silicon and data center interconnect solutions was a significant factor in the previous quarter's growth [6] Market Sentiment - Analysts are optimistic about Marll's potential to solidify its leadership in AI infrastructure if it meets or exceeds expectations [4][9] - Despite a year-to-date decline of nearly 16%, the stock has shown bullish momentum, rising almost 11% in the week leading up to the earnings report [9] Competitive Landscape - Analysts have flagged potential risks related to valuation, competition, and capital expenditures, which could impact margins and pricing power [11][12][13] - The increasing competition in the AI infrastructure space may lead to margin pressure, which is a concern for investors [13]