Marvell Q4 Earnings Beat, Stock Falls on Tepid Sales Guidance
Marvell Technology, Inc. (MRVL) ended fiscal 2025 on a strong note by reporting stronger-than-expected fourth-quarter results. The chip maker reported fourth-quarter non-GAAP earnings of 60 cents per share, decisively exceeding the Zacks Consensus Estimate by 1.7%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly earnings also came ahead of the midpoint of the company’s guidance of 59 cents (+/- 5 cents). Furthermore, the bottom line increased 30% year over year and 40% sequ ...