Marvell Technology (MRVL) Tops Q1 EPS by 3c; Guides Q2 Below Expectations

Marvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.13, $0.03 better than the analyst estimate of $0.10. Revenue for the quarter came in at $724 million versus the consensus estimate of $733.35 million.

Marvell Technology sees Q2 2016 EPS of $0.10-$0.12, versus the consensus of $0.16. Marvell Technology sees Q2 2016 revenue of $710-740 million, versus the consensus of $784.3 million.

For earnings history and earnings-related data on Marvell Technology (MRVL) click here.

You May Also Be Interested In

• FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
• JPMorgan Downgrades HCL Technologies (HCLT:IN) to Underweight
• St. James's Place plc (STJ:LN) (STJPF) PT Raised to GBP20.50 at Deutsche Bank