Although the revenue and EPS for Marvell (MRVL) give a sense of how its business performed in the quarter ended October 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Marvell Technology (MRVL) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.41 per share a year ago.
Marvell's results signal a gradually healthier business that's about more than just the AI boom.
Chipmaker Marvell Technology forecast fourth-quarter revenue above estimates on Tuesday, betting on robust demand for its custom artificial intelligence chips from businesses adopting booming generative AI technology.
Here are a few notable comments from Marvell's third-quarter earnings release: “Marvell's fiscal third quarter 2025 revenue grew 19% sequentially, well above the mid-point of our guidance, driven by strong demand from AI.
On Monday, Amazon Web Services (AWS) and Marvell Technology, Inc MRVL announced an expanded relationship for AI and data connectivity products.
Marvell Technology Inc MRVL will be reporting its third-quarter earnings on Tuesday. Wall Street expects 41 cents in EPS and $1.46 billion in revenues as the company reports after market hours.
Marvell Technology, Inc. MRVL will release earnings results for its third quarter, after the closing bell on Tuesday, Dec. 3.
Tech hardware and software take focus after markets close with Salesforce (CRM) and Marvell (MRVL) reporting earnings. Angelo Zino says "you've seen the worst" with Marvell, now expecting A.I.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Investors expect upbeat guidance from the company when it reports October fiscal quarter results Tuesday.
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