BRIEF-Marvell Technology Q1 Adjusted EPS USD 0.8 Vs. IBES Estimate USD 0.79

Marvell Technology, Inc.

Marvell Technology, Inc.

MRVL

0.00

May 27 (Reuters) - Marvell Technology Q1 net income USD 34.5 million.

  • Q1 revenue USD 2,417.8 million vs. IBES estimate USD 2,401 million
  • Q1 EPS USD 0.04
  • Q1 gross margin 52.1%
  • outlook Q2 revenue USD 2,700 million vs. IBES estimate USD 2,595 million
  • outlook Q2 gross margin 52.1-53.1%