Marvell (MRVL) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Marvell Technology (MRVL) reported $1.16 billion in revenue for the quarter ended April 2024, representing a year-over-year decline of 12.2%. EPS of $0.24 for the same period compares to $0.31 a year ago.The reported revenue represents a surprise of +0.79% over the Zacks Consensus Estimate of $1.15 billion. With the consensus EPS estimate being $0.23, the EPS surprise was +4.35%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...