Marvell Technology Inc. guided fiscal Q1 2027 revenue to $2.4 billion plus or minus 5%, with GAAP gross margin of 51.4% to 52.4% and non-GAAP gross margin of 58.25% to 59.25%. It forecast GAAP diluted EPS of $0.31 plus or minus $0.05 and non-GAAP diluted EPS of $0.79 plus or minus $0.05, assuming a diluted share count of 883 million, with operating expenses expected to be about $872 million on a GAAP basis and about $575 million on a non-GAAP basis. The outlook follows Q4 fiscal 2026 results that showed revenue rising 22% year over year and 7% sequentially, led by data center revenue growth of 21% year over year and 9% quarter over quarter.

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