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Marvell Technology (MRVL) Reports In-Line Q1 EPS; offers Q2 guidance

May 30, 2024 4:08 PM EDT

Marvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.24, in-line with the analyst estimate of $0.24. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.17 billion.

GUIDANCE:

Marvell Technology sees Q2 2025 EPS of $0.29 +/- $0.05 per share, versus the consensus of $0.29. Marvell Technology sees Q2 2025 revenue of $1.25 billion +/- 5%, versus the consensus of $1.237 billion.

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



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