Marvell Tech Q3 Adj. EPS $0.76 Beats $0.73 Estimate, Sales $2.075B Beat $2.068B Estimate

Marvell Technology, Inc. +7.73%

Marvell Technology, Inc.

MRVL

106.71

+7.73%

Marvell Tech (NASDAQ: MRVL) reported quarterly earnings of $0.76 per share which beat the analyst consensus estimate of $0.73 by 3.4 percent. This is a 76.74 percent increase over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $2.075 billion which beat the analyst consensus estimate of $2.068 billion by 0.34 percent. This is a 36.87 percent increase over sales of $1.516 billion the same period last year.
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