Marvell Technology-Marvell (MRVL) to Report Q1 Earnings: What's in the Offing?

Marvell Technology (MRVL) is slated to report first-quarter fiscal 2025 results on May 30, after market close.For the fiscal first quarter, the company projects total revenues of $1.15 billion (+/- 5%). It expects non-GAAP earnings per share to be 23 cents (+/- 5 cents).The Zacks Consensus Estimate for revenues is pegged at$ 1.15 billion, indicating a decline of 12.9% from the year-ago quarter’s $1.32 billion. The consensus mark for earnings is pinned at 23 cents per share, suggesting a decline of 25.8% fro ...