Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2025 Financial Results

Q1 Net Revenue: $1.161 billion, declined by (12)% year-on-yearQ1 Gross Margin: 45.5% GAAP gross margin; 62.4% non-GAAP gross marginQ1 Diluted income (loss) per share: $(0.25) GAAP diluted loss per share; $0.24 non-GAAP diluted income per shareSANTA CLARA, Calif., May 30, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2025.Net revenue for the first quarter of fiscal 20 ...

Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2025 Financial Results - Reportify