Marvell Technology Sees Q2 EPS $0.29 +/- $0.05 Vs $0.30 Est.; Revenue $1.25B +/- 5%. Vs $1.24B Est.

Marvell Technology Group Ltd. +2.72% Pre

Marvell Technology Group Ltd.

MRVL

75.60

73.36

+2.72%

-2.96% Pre

Second Quarter of Fiscal 2025 Financial Outlook

  • Net revenue is expected to be $1.250 billion +/- 5%.
  • GAAP gross margin is expected to be approximately 46.2%.
  • Non-GAAP gross margin is expected to be approximately 62.0%.
  • GAAP operating expenses are expected to be approximately $688 million.
  • Non-GAAP operating expenses are expected to be approximately $455 million.
  • Basic weighted-average shares outstanding are expected to be 867 million.
  • Diluted weighted-average shares outstanding are expected to be 877 million.
  • GAAP diluted loss per share is expected to be $(0.20) +/- $0.05 per share.
  • Non-GAAP diluted income per share is expected to be $0.29 +/- $0.05 per share.

GAAP diluted EPS is calculated using basic weighted-average shares outstanding when there is a GAAP net loss, and calculated using diluted weighted-average shares outstanding when there is a GAAP net income. Non-GAAP diluted EPS is calculated using diluted weighted-average shares outstanding.

Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via