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MRVL

Marvell Technology Inc

$55.63

Earnings Summary

Revenue
$1342.98Mn
Net Profits
$6.17Mn
Net Profit Margins
0.46%

Highlights

Revenue:

Marvell Technology Inc’s revenue jumped 68.33% since last year same period to $1342.98Mn in the Q1 2022. On a quarterly growth basis, Marvell Technology Inc has generated 10.88% jump in its revenue since last 3-months.

Net Profits:

Marvell Technology Inc’s net profit fell -62.7% since last year same period to $6.17Mn in the Q1 2022. On a quarterly growth basis, Marvell Technology Inc has generated 109.86% jump in its net profits since last 3-months.

Net Profit Margins:

Marvell Technology Inc’s net profit margin fell -77.84% since last year same period to 0.46% in the Q1 2022. On a quarterly growth basis, Marvell Technology Inc has generated 108.9% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Marvell Technology Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.56
EPS Estimate Current Year
0.56

Highlights

EPS Estimate Current Quarter:

Marvell Technology Inc’s earning per share (EPS) estimates for the current quarter stand at 0.56 - a 16.67% jump from last quarter’s estimates.

EPS Estimate Current Year:

Marvell Technology Inc’s earning per share (EPS) estimates for the current year stand at 0.56.

Key Ratios

Key ratios of the Marvell Technology Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.52

Highlights

Earning Per Share (EPS):

Marvell Technology Inc’s earning per share (EPS) jumped 79.31% since last year same period to 0.52 in the Q2 2022. This indicates that the Marvell Technology Inc has generated 79.31% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-10
0.48
0.5
4.17%
2022-08-25
0.56
0.52
-7.14%

Company Information

Marvell Technology, Inc. is headquartered in Wilmington, Delaware, a Delaware-based American corporation that develops and manufactures semiconductors and associated technologies. Microsoft Corporation owns Marvell Technology, Inc., which provides semiconductor solutions for data infrastructure applications. The majority of the company's activities focus on providing the data infrastructure technology that links the whole globe. The company uses semiconductors to transfer, store, process, and safeguard data. A comprehensive and creative array of data infrastructure semiconductor solutions covering computation, networking, and storage solutions is available from Marvell to meet the requirements of its customers. Doctor Sehat Sutardja, his wife Weili, and brother Pantas Sutardja launched Marvell in 1995 with the help of a small group of investors. Approximately $90 million was generated in the first public offering on June 27, 2000. Cavium, Inc. was acquired by Marvell on July 6, 2018, bringing the deal to a close. Announcing Syed Ali's appointment as a member of the Marvell Board of Directors on the same day as the firm's acquisition by Cavium, Inc.,Marvell hired Matt Murphy as their new President and Chief Executive Officer in July 2016. Marvell Corporation finalised the purchase of Inphi Corporation in April 2021. The purchase included a reorganisation of Marvell, which resulted in the united business having its headquarters in Wilmington, Delaware. .

Organisation
Marvell Technology Inc
Employees
2.02K
Industry
Electronic Technology