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Marvell's Q3 Earnings Beat: Will Strong Guidance Lift the Stock?
MRVLMarvell Technology(MRVL) ZACKS·2024-12-04 18:36

Marvell Technology (MRVL) reported third-quarter fiscal 2025 non-GAAP earnings of 43 cents per share, decisively exceeding the Zacks Consensus Estimate by 7.5%. Quarterly earnings also came ahead of the midpoint of the company’s guidance of 40 cents (+/- 5 cents). Furthermore, the bottom line increased 4.9% due to higher revenues and effective cost management.Marvell’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 3.8%.Find the latest EPS estim ...