MRVL Search Earning

Marvell Technology Group Ltd

MRVL

Marvell Technology Inc soared 23.7% to $61.45 after the advanced semiconductor company delivered first quarter results ahead of expectations and said second quarter sales are expected to accelerate.

Revenue in the fiscal first quarter ending in April declined 9% to $1.32 billion and net loss increased to $168.9 million from $165.7 million and diluted loss per share was flat at 20 cents from a year ago.

The company estimated second quarter revenue of $1.33 billion with a band of 5% and gross margin between 44.3% and 46.8%.
May 26, 2023

Year	May	Aug	Nov	Feb	Annual

2023	-0.02	-0.20	-0.24	-0.19	-
2022	-0.53	-	-	0.02	-0.19
2021	-0.41	-	-	-	-0.53
2020	2.62	-0.17	-0.24	-0.03	-0.41
2019	-0.48	-0.07	-0.09	-0.12	2.34
2018	0.09	0.25	0.01	-0.08	0.27
2017	0.18	0.20	0.25	0.30	0.93
2016	0.05	0.04	0.11	0.15	0.35
2015	0.18	0.08	0.74	0.01	1.01
2014	0.19	0.27	0.22	0.19	0.63
2013	0.11	0.12	0.21	0.10	0.54
2012	0.16	0.16	0.12	0.14	0.99
2011	0.22	0.31	0.32	0.33	1.34
2010	0.30	0.33	0.38	0.32	0.54
2009	-0.18	0.09	0.31	-0.10	0.23
2008	0.11	0.11	0.11	0.01	-0.19
2007	-0.09	-0.10	-0.01	-0.22	-0.02
2006	0.12	0.07	0.01	0.01	0.32
2005	0.10	0.08	0.13	-0.04	0.11