Published on 29 Nov 2021 on Zacks via Yahoo Finance
Marvell (MRVL) to Report Q3 Earnings: What's in the Offing?
Marvell Technology Group Ltd. MRVL is slated to report third-quarter fiscal 2022 results on Dec 2.
The company anticipates revenues of $1.145 billion (up or down up to 3%) for the fiscal third quarter. The Zacks Consensus Estimate for revenues is pegged at $1.15 billion, suggesting growth of 53% from the year-ago period.
Marvell expects non-GAAP earnings per share to be approximately 38 cents (+/- 3 cents). The Zacks consensus mark of 38 cents is in line with Marvell’s forecast. The figure indicates a 52% increase year over year.