Marvell Tops Its Q2 Guidance, Improves Margins

08:19pm, Thursday, 29'th Aug 2024
Q2 FY2025 net revenue was $1.27 billion, in line with management's guidance. Data center segment revenue surged 92% year over year to $880.9 million.
Marvell Technology, Inc. (NASDAQ:MRVL ) Q2 2025 Earnings Call Transcript August 29, 2024 4:45 PM ET Company Participants Ashish Saran - SVP of IR Matt Murphy - Chairman and CEO Willem Meintjes - CFO C
The headline numbers for Marvell (MRVL) give insight into how the company performed in the quarter ended July 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates
Marvell Technology (MRVL) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.33 per share a year ago.
Chipmaker Marvell Technology surpassed expectations for quarterly revenue and forecast third-quarter results above Wall Street estimates on Thursday, on the back of strong demand for its electro-optic

Earnings Alert: DELL, MRVL, LULU, ULTA

05:02pm, Thursday, 29'th Aug 2024
Another earnings slate filled with A.I. technology and athleisure!
Q2 Net Revenue: $1.273 billion, declined by (5)% year-on-year Q2 Gross Margin: 46.2% GAAP gross margin; 61.9% non-GAAP gross margin Q2 Diluted income (loss) per share: $(0.22) GAAP diluted loss per sh
UPDATE—Aug. 29, 2024: This article has been updated to reflect more recent share price information.
Marvell Technology, Inc. MRVL is expected to release earnings results for its second quarter, after the closing bell on Thursday, Aug. 29.
MRVL's second-quarter performance is likely to have been negatively impacted by a weak demand environment and ongoing inventory correction.
Marvell Technology's data-center business is benefiting big time from the growing adoption of AI. The chipmaker is expecting a recovery in other end markets that haven't been performing well of late.
Marvell Technology (MRVL) is set to report second-quarter results for fiscal 2025 after the bell Thursday, with investors likely to be watching for signs the semiconductor tech company could be poise
Evaluate the expected performance of Marvell (MRVL) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for
AI-driven Data Center has been the lone bright spot for Marvell, as the rest of the business has been hit hard by the cyclical semiconductor correction. I see some room for upside in the coming FQ2 re
Marvell (MRVL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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