Published on 28 May 2024 on Zacks via Yahoo Finance
Marvell (MRVL) to Report Q1 Earnings: What's in the Offing?
Marvell Technology MRVL is slated to report first-quarter fiscal 2025 results on May 30, after market close.
For the fiscal first quarter, the company projects total revenues of $1.15 billion (+/- 5%). It expects non-GAAP earnings per share to be 23 cents (+/- 5 cents).
The Zacks Consensus Estimate for revenues is pegged at $1.15 billion, indicating a decline of 12.9% from the year-ago quarter’s $1.32 billion. The consensus mark for earnings is pinned at 23 cents per share, suggesting a decline of 25.8% from the year-ago quarter’s 31 cents.