Marvell Technology Inc

NASDAQ:MRVL   3:59:55 PM EDT
42.78
-0.58 (-1.34%)
Other Pre-Announcement

Marvell Technology Group Reports Q3 Loss Per Share Of $0.03

Published: 12/03/2020 21:31 GMT
Marvell Technology Inc (MRVL) - .
Reports Third Quarter of Fiscal Year 2021 Financial Results.
Sees Q4 Non-GAAP Earnings per Share $0.25 to $0.33.
Sees Q4 GAAP Loss per Share $0.03 to $+0.07.
Q3 GAAP Loss per Share $0.03.
Q3 Revenue $750 Million Versus Refinitiv Ibes Estimate of $775.3 Million.
Q3 Earnings per Share Estimate $0.25 -- Refinitiv Ibes Data (analyst estimates).
Q4 Non-GAAP Gross Margin is Expected to Be Approximately 64%.
Q4 Revenue is Expected to Be $785 Million +/- 5%.
Q4 GAAP Gross Margin is Expected to Be Approximately 52.8%.
Q4 Earnings per Share View $0.29, Revenue View $787.4 Million -- Refinitiv Ibes Data (analyst estimates).