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MRVL

Marvell Technology Group Ltd.

$68.99

Earnings Summary

Revenue
$1160.9Mn
Net Profits
$-215.6Mn
Net Profit Margins
-18.57%

Highlights

Revenue:

Marvell Technology Group Ltd.’s revenue fell -12.17% since last year same period to $1160.9Mn in the Q2 2024. On a quarterly growth basis, Marvell Technology Group Ltd. has generated -18.62% fall in its revenue since last 3-months.

Net Profits:

Marvell Technology Group Ltd.’s net profit fell -27.65% since last year same period to $-215.6Mn in the Q2 2024. On a quarterly growth basis, Marvell Technology Group Ltd. has generated 45.1% jump in its net profits since last 3-months.

Net Profit Margins:

Marvell Technology Group Ltd.’s net profit margin fell -45.33% since last year same period to -18.57% in the Q2 2024. On a quarterly growth basis, Marvell Technology Group Ltd. has generated 32.54% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

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

EPS Estimate Current Quarter
0.3
EPS Estimate Current Year
0.3

Highlights

EPS Estimate Current Quarter:

Marvell Technology Group Ltd.’s earning per share (EPS) estimates for the current quarter stand at 0.3 - a 20% jump from last quarter’s estimates.

EPS Estimate Current Year:

Marvell Technology Group Ltd.’s earning per share (EPS) estimates for the current year stand at 0.3.

Key Ratios

Key ratios of the Marvell Technology Group Ltd. post its Q2 2024 earnings

Earning Per Share (EPS)
0.24
Return on Assets (ROA)
-0.01
Return on Equity (ROE)
-0.07
Dividend Per Share (DPS)
0.06

Highlights

Earning Per Share (EPS):

Marvell Technology Group Ltd.’s earning per share (EPS) fell -22.58% since last year same period to 0.24 in the Q2 2024. This indicates that the Marvell Technology Group Ltd. has generated -22.58% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Marvell Technology Group Ltd.’s return on assets (ROA) stands at -0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Marvell Technology Group Ltd.’s return on equity (ROE) stands at -0.07.

Dividend Per Share (DPS):

Marvell Technology Group Ltd. declared 0.06 dividend per share during the earnings announcement for Q2 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-13
0.46
0.46
0%
2024-05-31
0.25
0.24
-4%