Marvell Technology(MRVL) - 2025 Q1 - Quarterly Results

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 ...