Marvell Technology (MRVL) Q1 Earnings and Revenues Top Estimates

Marvell Technology (MRVL) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of$ 0.61 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.64%. A quarter ago, it was expected that this chipmaker would post earnings of$ 0.59 per share when it actually produced earnings of $0.60, delivering a surprise of 1.69%.Over the last four quarters, the compa ...