Marvell Technology Analysts Raise Their Forecasts Following Upbeat Q3 Earnings - Marvell Tech (NASDAQ:MRVL)

Marvell Technology Inc. (NASDAQ:MRVL) posted better-than-expected earnings for the third quarter and also announced the acquisition of Celestial AI on Tuesday.Marvell reported quarterly adjusted earnings of 76 cents per share, which beat the analyst estimate of 73 cents, according to Benzinga Pro. Quarterly revenue came in at $2.08 billion, which beat the Street estimate of $2.07 billion and was up from revenue of $1.52 billion from the same period last year.Marvell also announced the acquisition of Celesti ...