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Marvell Tops Its Q2 Guidance, Improves Margins
MRVLMarvell Technology(MRVL) The Motley Fool·2024-08-30 00:19

Marvell Technology continues to face challenges in its various segments.Marvell Technology (MRVL 2.05%), a leader in infrastructure semiconductor solutions, reported fiscal 2025 second-quarter earnings Thursday that were in line with internal guidance but mixed when measured against year-over-year data.Revenue of $1.27 billion was up 10% sequentially from Q1, although it marks a 5% year-over-year decline. Marvell continued to grapple with losses, posting a GAAP diluted loss per share of $0.22 and non-GAAP d ...