Marvell Technology Inc

NASDAQ:MRVL   3:59:57 PM EDT
70.92
-0.25 (-0.35%)
Other Pre-Announcement

Marvell Technology Inc Reports Q1 GAAP Loss Per Share Of $0.13

Published: 06/07/2021 20:50 GMT
Marvell Technology Inc (MRVL) - Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2022 Financial Results.
Sees Q2 Non-GAAP Earnings per Share $0.31.
Q1 GAAP Loss per Share $0.13.
Q1 Revenue $832 Million Versus Refinitiv Ibes Estimate of $804.2 Million.
Q1 Earnings per Share Estimate $0.27 -- Refinitiv Ibes Data (analyst estimates).
Qtrly Non-GAAP Diluted Income per Share $0.29.
Sees Q2 GAAP Diluted Loss per Share $0.37 +/- $0.04 per Share.
Sees Q2 Non-GAAP Income per Share $0.31 +/- $0.03 per Share.
Sees Q2 Net Revenue is Expected to Be $1.065 Billion +/- 3%.
Q2 Earnings per Share View $0.30, Revenue View $1.04 Billion -- Refinitiv Ibes Data (analyst estimates).