MRVL earnings
Marvell Technology Inc. (MRVL) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2027 Financial ResultsQ1 Net Revenue: $2.418 billion, a new record, grew by 28% year-on-year Q1 Gross Margin: 52.1% GAAP gross margin; 58.9% non-GAAP gross margin Q1 Diluted income per share: $0.04 GAAP diluted income per share; $0.80 non-GAAP diluted income per share Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2027. Net revenue for the first quarter of fiscal 2027 was $2.418 billion, $18.0 million above the mid-point of the Company's guidance provided on March 5, 2026. GAAP net income for the first quarter of fiscal 2027 was $34.5 million, or $0.04 per diluted share. Non-G
- Marvell Technology, Inc. Announces Conference Call to Review First Quarter of Fiscal Year 2027 Financial ResultsMarvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its first quarter of fiscal year 2027 financial results on Wednesday, May 27, 2026, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the live conference call without operator assistance at Call me™ (link will be active approximately 30 minutes before the call) to receive an instant automated callback. To join the call with operator assistance, please dial 1-877-407-8291 or 1-201-689-8345. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.mar
- Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2026 Financial ResultsQ4 Net Revenue: $2.219 billion, a new record, grew by 22% year-on-year Q4 Gross Margin: 51.7% GAAP gross margin; 59.0% non-GAAP gross margin Q4 Diluted income per share: $0.46 GAAP diluted income per share; $0.80 non-GAAP diluted income per share Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the fourth fiscal quarter and fiscal year ended January 31, 2026. Net revenue for the fourth quarter of fiscal 2026 was $2.219 billion, $19.0 million above the mid-point of the Company's guidance provided on December 2, 2025. GAAP net income for the fourth quarter of fiscal 2026 was $396.1 million, or $0.
- Marvell Technology, Inc. Announces Conference Call to Review Fourth Fiscal Quarter and Fiscal Year 2026 Financial ResultsMarvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its fourth fiscal quarter and fiscal year 2026 financial results on Thursday, March 5, 2026, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the live conference call without operator assistance at Call me™ (link will be active approximately 30 minutes before the call) to receive an instant automated callback. To join the call with operator assistance, please dial 1-877-407-8291 or 1-201-689-8345. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://inv
- Marvell to Acquire Celestial AI, Accelerating Scale-up Connectivity for Next-Generation Data CentersCelestial AI's breakthrough Photonic FabricTM technology platform enables optical I/O for package, system and rack-level connectivity for the next-generation of data center infrastructure Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today announced it has entered into a definitive agreement to acquire Celestial AI, a pioneer of a disruptive Photonic Fabric technology platform purpose-built for scale-up optical interconnect. This strategic acquisition represents a transformational milestone in accelerating the company's connectivity strategy for next-generation AI and cloud data centers. AI is reshaping data center architectures at unprec
- Marvell Technology, Inc. Reports Third Quarter of Fiscal Year 2026 Financial ResultsQ3 Net Revenue: $2.075 billion, a new record, grew by 37% year-on-year Q3 Gross Margin: 51.6% GAAP gross margin; 59.7% non-GAAP gross margin Q3 Diluted income per share: $2.20 GAAP diluted income per share; $0.76 non-GAAP diluted income per share Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the third quarter of fiscal year 2026. Net revenue for the third quarter of fiscal 2026 was $2.075 billion, $15.0 million above the mid-point of the Company's guidance provided on August 28, 2025. On August 14, 2025, the Company completed the sale of its automotive ethernet business to Infineon Technologies
- Marvell Technology, Inc. Announces Conference Call to Review Third Quarter of Fiscal Year 2026 Financial ResultsMarvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its third quarter of fiscal year 2026 financial results on Tuesday, December 2, 2025, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the live conference call without operator assistance at Call me™ (link will be active approximately 30 minutes before the call) to receive an instant automated callback. To join the call with operator assistance, please dial 1-877-407-8291 or 1-201-689-8345. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.mar
- Marvell Technology, Inc. Reports Second Quarter of Fiscal Year 2026 Financial ResultsQ2 Net Revenue: $2.006 billion, a new record, grew by 58% year-on-yearQ2 Gross Margin: 50.4% GAAP gross margin; 59.4% non-GAAP gross marginQ2 Diluted income per share: $0.22 GAAP diluted income per share; $0.67 non-GAAP diluted income per shareFinancial outlook for the third quarter of fiscal 2026 reflects the divestiture of Marvell's Automotive Ethernet business on August 14, 2025SANTA CLARA, Calif., Aug. 28, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the second quarter of fiscal year 2026. Net revenue for the second quarter of fiscal 2026 was $2.006 billion, $6.0 million above th
- Marvell Completes Divestiture of Automotive Ethernet Business to Infineon for $2.5 Billion in All-Cash TransactionSANTA CLARA, Calif., Aug. 14, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today announced it has completed the sale of its Automotive Ethernet business to Infineon Technologies AG ("Infineon") for $2.5 billion in an all-cash transaction. The transaction closed eleven days into Marvell's third quarter of fiscal 2026, during which the Automotive Ethernet business contributed mid-single-digit millions of dollars in revenue. Effective August 15, 2025, Marvell's financial results will no longer include contributions from the Automotive Ethernet business. As previously disclosed in Marvell's April 7, 2025 announcement of the
- Marvell Technology, Inc. Announces Conference Call to Review Second Quarter of Fiscal Year 2026 Financial ResultsSANTA CLARA, Calif., Aug. 4, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its second quarter of fiscal year 2026 financial results on Thursday, August 28, 2025, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the conference call without operator assistance at Call me™ to receive an instant automated call back. To join the call with operator assistance, please dial 1-877-407-8291 or 1-201-689-8345. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of
- Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2026 Financial ResultsQ1 Net Revenue: $1.895 billion, a new record, grew by 63% year-on-yearQ1 Gross Margin: 50.3% GAAP gross margin; 59.8% non-GAAP gross marginQ1 Diluted income per share: $0.20 GAAP diluted income per share; $0.62 non-GAAP diluted income per shareSANTA CLARA, Calif., May 29, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2026. Net revenue for the first quarter of fiscal 2026 was $1.895 billion, $20.0 million above the mid-point of the Company's guidance provided on May 6, 2025. GAAP net income for the first quarter of fiscal 2026 was $177.9 million, or $0.
- Infineon further strengthens its number one position in automotive microcontrollers and boosts systems capabilities for software-defined vehicles with acquisition of Marvell's Automotive Ethernet businessInfineon enters into agreement for acquisition of Marvell Technology's Automotive Ethernet business for US$2.5 billion Transaction combines Infineon's market-leading portfolio for automotive microcontrollers with benchmark Automotive Ethernet business of Marvell, accelerating Infineon's system capabilities for software-defined vehicles Additional growth opportunities to address future IoT applications such as humanoid robotsBusiness expected to generate revenue of US$225 – US$250 million in calendar year 2025 with a gross margin of around 60%All-cash transaction to be financed from existing liquidity and additional debtNEUBIBERG, Germany, April 8, 2025 /PRNewswire/ -- Infineon Technologies A
- Infineon further strengthens its number one position in automotive microcontrollers and boosts systems capabilities for software-defined vehicles with acquisition of Marvell's Automotive Ethernet businessInfineon enters into agreement for acquisition of Marvell Technology's Automotive Ethernet business for US$2.5 billion Transaction combines Infineon's market-leading portfolio for automotive microcontrollers with benchmark Automotive Ethernet business of Marvell, accelerating Infineon's system capabilities for software-defined vehicles Additional growth opportunities to address future IoT applications such as humanoid robots Business expected to generate revenue of US$225 – US$250 million in calendar year 2025 with a gross margin of around 60% All-cash transaction to be financed from existing liquidity and additional debt Infineon Technologies AG (OTCQX:IFNNY) is accelerating the
- Marvell to Sell Automotive Ethernet Business to Infineon for $2.5 Billion in CashDelivers Compelling Financial Returns for Marvell Shareholders SANTA CLARA, Calif., April 7, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today announced that it has entered into a definitive agreement under which Infineon Technologies AG ("Infineon") will acquire Marvell's Automotive Ethernet business in an all-cash transaction valued at $2.5 billion. This business in fiscal 2026 is expected to generate revenue in the range of $225-250 million. The acquisition includes Marvell's Brightlane® Automotive Ethernet portfolio and related assets. This transaction has been approved by Marvell's Board of Directors, and is expec
- Marvell Technology, Inc. Announces Conference Call to Review First Quarter of Fiscal Year 2026 Financial ResultsSANTA CLARA, Calif., April 7, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its first quarter of fiscal year 2026 financial results on Thursday, May 29, 2025, at 1:45 p.m. Pacific Time. Conference CallInterested parties may join the conference call without operator assistance by registering and entering their phone number at https://emportal.ink/3YaAA6X to receive an instant automated call back. To join the call with operator assistance
- Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2025 Financial ResultsQ4 Net Revenue: $1.817 billion, grew by 27% year-on-yearQ4 Gross Margin: 50.5% GAAP gross margin; 60.1% non-GAAP gross marginQ4 Diluted income per share: $0.23 GAAP diluted income per share; $0.60 non-GAAP diluted income per shareSANTA CLARA, Calif., March 5, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the fourth fiscal quarter and fiscal year ended February 1, 2025. Net revenue for the fourth quarter of fiscal 2025 was $1.817 billion, $17.0 million above the mid-point of the Company's guidance provided on December 3, 2024. GAAP net income for the fourth quarter of fiscal 2025 was $
- Marvell Technology, Inc. Announces Conference Call to Review Fourth Fiscal Quarter and Fiscal Year 2025 Financial ResultsSANTA CLARA, Calif., Feb. 4, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its fourth fiscal quarter and fiscal year 2025 financial results on Wednesday, March 5, 2025, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the conference call without operator assistance by registering and entering their phone number at https://emportal.ink/4h8OI7Q to receive an instant automated call back. To join the call with operator assistance, please dial 1-800-836-8184 or 1-646-357-8785. The call will be webcast and can be accessed at the Marvel
- Marvell Technology, Inc. Reports Third Quarter of Fiscal Year 2025 Financial ResultsQ3 Net Revenue: $1.516 billion, grew by 7% year-on-yearQ3 Gross Margin: 23.0% GAAP gross margin; 60.5% non-GAAP gross marginQ3 Diluted income (loss) per share: $(0.78) GAAP diluted loss per share; $0.43 non-GAAP diluted income per shareSANTA CLARA, Calif., Dec. 3, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the third quarter of fiscal year 2025. Net revenue for the third quarter of fiscal 2025 was $1.516 billion, $66.0 million above the mid-point of the Company's guidance provided on August 29, 2024. GAAP net loss for the third quarter of fiscal 2025 was $(676.3) million, or $(0.78)
- Marvell Technology, Inc. Announces Conference Call to Review Third Quarter of Fiscal Year 2025 Financial ResultsSANTA CLARA, Calif., Nov. 5, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its third quarter of fiscal year 2025 financial results on Tuesday, December 3, 2024, at 1:45 p.m. Pacific Time. Conference CallInterested parties may join the conference call without operator assistance by registering and entering their phone number at https://emportal.ink/4fngg8m to receive an instant automated call back. To join the call with operator assistance, please dial 1-800-836-8184 or 1-646-357-8785. The call will be webcast and can be accessed at the Marvell Investo
- Marvell Technology, Inc. Reports Second Quarter of Fiscal Year 2025 Financial ResultsQ2 Net Revenue: $1.273 billion, declined by (5)% year-on-yearQ2 Gross Margin: 46.2% GAAP gross margin; 61.9% non-GAAP gross marginQ2 Diluted income (loss) per share: $(0.22) GAAP diluted loss per share; $0.30 non-GAAP diluted income per shareSANTA CLARA, Calif., Aug. 29, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the second quarter of fiscal year 2025. Net revenue for the second quarter of fiscal 2025 was $1.273 billion, $23.0 million above the mid-point of the Company's guidance provided on May 30, 2024. GAAP net loss for the second quarter of fiscal 2025 was $(193.3) million, or
- Marvell Technology, Inc. Announces Conference Call to Review Second Quarter of Fiscal Year 2025 Financial ResultsSANTA CLARA, Calif., Aug. 5, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its second quarter of fiscal year 2025 financial results on Thursday, August 29, 2024, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the conference call without operator assistance by registering and entering their phone number at https://emportal.ink/4bYingS to receive an instant automated call back. To join the call with operator assistance, please dial 1-800-836-8184 or 1-646-357-8785. The call will be webcast and can be accessed at the Marvell Inves
- Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2025 Financial ResultsQ1 Net Revenue: $1.161 billion, declined by (12)% year-on-yearQ1 Gross Margin: 45.5% GAAP gross margin; 62.4% non-GAAP gross marginQ1 Diluted income (loss) per share: $(0.25) GAAP diluted loss per share; $0.24 non-GAAP diluted income per shareSANTA CLARA, Calif., May 30, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2025. Net revenue for the first quarter of fiscal 2025 was $1.161 billion, $11.0 million above the mid-point of the Company's guidance provided on March 7, 2024. GAAP net loss for the first quarter of fiscal 2025 was $(215.6) million, or $(
- Marvell Technology, Inc. Announces Conference Call to Review First Quarter of Fiscal Year 2025 Financial ResultsSANTA CLARA, Calif., May 6, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its first quarter of fiscal year 2025 financial results on Thursday, May 30, 2024, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the conference call without operator assistance by registering and entering their phone number at https://emportal.ink/4dgLjlZ to receive an instant automated call back. To join the call with operator assistance, please dial 1-800-836-8184 or 1-646-357-8785. The call will be webcast and can be accessed at the Marvell Investor R
- Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial ResultsQ4 Net Revenue: $1.427 billion, grew by 1% year-on-yearQ4 Gross Margin: 46.6% GAAP gross margin; 63.9% non-GAAP gross marginQ4 Diluted income (loss) per share: $(0.45) GAAP diluted loss per share; $0.46 non-GAAP diluted income per shareSANTA CLARA, Calif., March 7, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the fourth fiscal quarter and fiscal year ended February 3, 2024. Net revenue for the fourth quarter of fiscal 2024 was $1.427 billion, above the mid-point of the Company's guidance provided on November 30, 2023. GAAP net loss for the fourth quarter of fiscal 2024 was $(392.7) m
- Marvell Technology, Inc. Updates Conference Call Timing to Review Fourth Fiscal Quarter and Fiscal Year 2024 Financial ResultsSANTA CLARA, Calif., Feb. 16, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its fourth fiscal quarter and fiscal year 2024 financial results on Thursday, March 7, 2024, at 1:30 p.m. Pacific Time, instead of at 1:45 p.m. Pacific Time as previously announced. Conference Call Interested parties may join the conference call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 0056377. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-87
- Marvell Technology, Inc. Announces Conference Call to Review Fourth Fiscal Quarter and Fiscal Year 2024 Financial ResultsSANTA CLARA, Calif. , Feb. 6, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its fourth fiscal quarter and fiscal year 2024 financial results on Thursday, March 7, 2024, at 1:45 p.m. Pacific Time. Conference CallInterested parties may join the conference call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 0056377. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-877-344-7529 or 1-412-317-0088, passcode 3453492 until Thursday,
- Marvell Technology, Inc. Reports Third Quarter of Fiscal Year 2024 Financial ResultsQ3 Net Revenue: $1.419 billion, declined by 8% year-on-yearQ3 Gross Margin: 38.9% GAAP gross margin; 60.6% non-GAAP gross marginQ3 Diluted income (loss) per share: $(0.19) GAAP diluted loss per share; $0.41 non-GAAP diluted income per shareSANTA CLARA, Calif., Nov. 30, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the third quarter of fiscal year 2024. Net revenue for the third quarter of fiscal 2024 was $1.419 billion, $19 million above the midpoint of the Company's guidance provided on August 24, 2023. GAAP net loss for the third quarter of fiscal 2024 was $(164.3) million, or $(0.1
- Marvell Technology, Inc. Reports Second Quarter of Fiscal Year 2024 Financial ResultsQ2 Net Revenue: $1.341 billion, declined by 12% year-on-yearQ2 Gross Margin: 38.9% GAAP gross margin; 60.3% non-GAAP gross marginQ2 Diluted income (loss) per share: $(0.24) GAAP diluted loss per share; $0.33 non-GAAP diluted income per shareSANTA CLARA, Calif., Aug. 24, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the second quarter of fiscal year 2024. Net revenue for the second quarter of fiscal 2024 was $1.341 billion, $11 million above the midpoint of the Company's guidance provided on May 25, 2023. GAAP net loss for the second quarter of fiscal 2024 was $(207.5) million, or $(0.
- Marvell Technology, Inc. Announces Conference Call to Review Second Quarter of Fiscal Year 2024 Financial ResultsSANTA CLARA, Calif., July 27, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its second quarter of fiscal year 2024 financial results on Thursday, August 24, 2023, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the conference call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 5249006. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-877-344-7529 or 1-412-317-0088, passcode 4647884 until Thursday, Augu
- Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2024 Financial ResultsQ1 Net Revenue: $1.322 billion, declined by 9% year-on-yearQ1 Gross Margin: 42.2% GAAP gross margin; 60.0% non-GAAP gross marginQ1 Diluted income (loss) per share: $(0.20) GAAP diluted loss per share; $0.31 non-GAAP diluted income per shareSANTA CLARA, Calif., May 25, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2024. Net revenue for the first quarter of fiscal 2024 was $1.322 billion, $22 million above the midpoint of the Company's guidance provided on March 2, 2023. GAAP net loss for the first quarter of fiscal 2024 was $(168.9) million, or $(0.20)
- Marvell Technology, Inc. Announces Conference Call to Review First Quarter of Fiscal Year 2024 Financial ResultsSANTA CLARA, Calif., May 1, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its first quarter of fiscal year 2024 financial results on Thursday, May 25, 2023, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the conference call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 1510543. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-877-344-7529 or 1-412-317-0088, passcode 7997301 until Thursday, June 1, 2
- Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial ResultsQ4 Net Revenue: $1.419 billion, grew by 6% year-on-yearQ4 Gross Margin: 47.5% GAAP gross margin; 63.5% non-GAAP gross marginQ4 Diluted income (loss) per share: $(0.02) GAAP diluted loss per share; $0.46 non-GAAP diluted income per shareSANTA CLARA, Calif., March 2, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the fourth fiscal quarter and the full fiscal year, ended January 28, 2023. Net revenue for the fourth quarter of fiscal 2023 was $1.419 billion, above the midpoint of the Company's guidance provided on January 11, 2023. GAAP net loss for the fourth quarter of fiscal 2023 was $(
- Marvell Technology, Inc. Announces Conference Call to Review Fourth Fiscal Quarter and Fiscal Year 2023 Financial ResultsSANTA CLARA, Calif., Feb. 2, 2023 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its fourth fiscal quarter and fiscal year 2023 financial results on Thursday, March 2, 2023, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the conference call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 4137481. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-877-344-7529 or 1-412-317-0088, passcode 4079400 until Thursday,
- Marvell Technology, Inc. Reports Third Quarter of Fiscal Year 2023 Financial ResultsQ3 Net Revenue: $1.537 billion, grew by 27% year-on-yearQ3 Gross Margin: 50.6% GAAP gross margin; 64.0% non-GAAP gross marginQ3 Diluted income per share: $0.02 GAAP diluted income per share; $0.57 non-GAAP diluted income per shareSANTA CLARA, Calif., Dec. 1, 2022 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the third quarter of fiscal year 2023. Net revenue for the third quarter of fiscal 2023 was $1.537 billion, at the lower end of the Company's guidance provided on August 25, 2022. GAAP net income for the third quarter of fiscal 2023 was $13 million, or $0.02 per diluted share. Non-GAAP net
- Marvell Technology, Inc. Announces Conference Call to Review Third Quarter of Fiscal Year 2023 Financial ResultsSANTA CLARA, Calif., Nov. 3, 2022 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its third quarter of fiscal year 2023 financial results on Thursday, December 1, 2022, at 1:45 p.m. Pacific Time. Conference CallInterested parties may join the conference call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 7355192. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-877-344-7529 or 1-412-317-0088, passcode 2531241 until Thursday, Decembe
- Marvell Technology, Inc. Reports Second Quarter of Fiscal Year 2023 Financial ResultsQ2 Net Revenue: $1.517 billion, grew by 41% year-on-yearQ2 Gross Margin: 51.8% GAAP gross margin; 65.0% non-GAAP gross marginQ2 Diluted income per share: $0.01 GAAP diluted income per share; $0.57 non-GAAP diluted income per shareSANTA CLARA, Calif., Aug. 25, 2022 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the second quarter of fiscal year 2023. Net revenue for the second quarter of fiscal 2023 was $1.517 billion, consistent with the midpoint of the Company's guidance provided on May 26, 2022. GAAP net income for the second quarter of fiscal 2023 was $4 million, or $0.01 per diluted share. N
- Marvell Technology, Inc. Announces Conference Call to Review Second Quarter of Fiscal Year 2023 Financial ResultsSANTA CLARA, Calif., July 28, 2022 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its second quarter of fiscal year 2023 financial results on Thursday, August 25, 2022, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the conference call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 6112887. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-877-344-7529 or 1-412-317-0088, passcode 2421301 until Thursday, Sept
- Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2023 Financial ResultsQ1 Net Revenue: $1.447 billion, grew by 74% year-on-yearQ1 Gross Margin: 51.9% GAAP gross margin; 65.5% non-GAAP gross marginQ1 Diluted income (loss) per share: $(0.20) GAAP diluted loss per share; $0.52 non-GAAP diluted income per shareSANTA CLARA, Calif., May 26, 2022 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2023. Net revenue for the first quarter of fiscal 2023 was $1.447 billion, which exceeded the midpoint of the Company's guidance provided on March 3, 2022. GAAP net loss for the first quarter of fiscal 2023 was $(166) million, or $(0.20) per diluted s
- Marvell Technology, Inc. Announces Conference Call to Review First Quarter of Fiscal Year 2023 Financial ResultsSANTA CLARA, Calif., April 28, 2022 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its first quarter of fiscal year 2023 financial results on Thursday, May 26, 2022, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the conference call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 0732684. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-877-344-7529 or 1-412-317-0088, passcode 1605605 until Thursday, June 2,
- Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2022 Financial ResultsSANTA CLARA, Calif., March 3, 2022 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the fourth fiscal quarter and the full fiscal year, ended January 29, 2022. Net revenue for the fourth quarter of fiscal 2022 was $1.343 billion, which exceeded the midpoint of the Company's guidance provided on December 2, 2021. GAAP net income for the fourth quarter of fiscal 2022 was $6 million, or $0.01 per diluted share. Non-GAAP net income for the fourth quarter of fiscal 2022 was $429 million, or $0.50 per diluted share. Cash flow from operations for the fourth quarter was $346 million. Net revenue for fisc
- Marvell Technology, Inc. Announces Conference Call to Review Fourth Fiscal Quarter and Fiscal Year 2022 Financial ResultsSANTA CLARA, Calif., Jan. 31, 2022 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its fourth fiscal quarter and fiscal year 2022 financial results on Thursday, March 3, 2022, at 1:45 p.m. Pacific Time. Conference CallInterested parties may join the conference call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 8988123. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-877-344-7529 or 1-412-317-0088, passcode 5140079 until Thursday
- Marvell Technology, Inc. Reports Third Quarter of Fiscal Year 2022 Financial ResultsSANTA CLARA, Calif., Dec. 2, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the third quarter of fiscal year 2022. Marvell completed the acquisition of Innovium, Inc. ("Innovium") on October 5, 2021 (the "acquisition date"), approximately 25 days before the end of the third quarter of fiscal year 2022. Marvell's results for the third quarter of fiscal 2022 include the results of Innovium from the acquisition date, while prior periods presented do not. Net revenue for the third quarter of fiscal 2022 was $1.211 billion, which exceeded the midpoint of the Company's guidance provided on August
- Marvell Technology, Inc. Announces Conference Call to Review Third Quarter of Fiscal Year 2022 Financial ResultsSANTA CLARA, Calif., Nov. 4, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its third quarter of fiscal year 2022 financial results on Thursday, December 2, 2021, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the conference call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 8563448. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-877-344-7529 or 1-412-317-0088, passcode 10161867 until Thursday, Dec
- Marvell Technology, Inc. Reports Second Quarter of Fiscal Year 2022 Financial ResultsSANTA CLARA, Calif., Aug. 26, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the second quarter of fiscal year 2022. Net revenue for the second quarter of fiscal 2022 was $1.076 billion, which exceeded the midpoint of the Company's guidance provided on June 7, 2021. GAAP net loss for the second quarter of fiscal 2022 was $(276) million, or $(0.34) per diluted share. Non-GAAP net income for the second quarter of fiscal 2022 was $284 million, or $0.34 per diluted share. Cash flow from operations for the second quarter was $222 million. "Marvell delivered record revenue of $1.076 billion in t
- Marvell Technology, Inc. Announces Conference Call to Review Second Quarter of Fiscal Year 2022 Financial ResultsSANTA CLARA, Calif., Aug. 3, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its second quarter of fiscal year 2022 financial results on Thursday, August 26, 2021, at 1:45 p.m. Pacific Time. Conference Call Interested parties may join the conference call by dialing 1-888-317-6003 or 1-412-317-6061, passcode 6573871. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-877-344-7529 or 1-412-317-0088, passcode 10159336 until Thursday, Sep
- Marvell to Acquire Innovium - Accelerates Cloud Growth with Expanded Ethernet Switching PortfolioSANTA CLARA, Calif. and SAN JOSE, Calif., Aug. 3, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ:MRVL), a leader in infrastructure semiconductor solutions, and Innovium, Inc., a leading provider of networking solutions for cloud and edge data centers, today announced a definitive agreement, under which Marvell will acquire Innovium in an all-stock transaction. Marvell has an extensive portfolio of Ethernet switch semiconductor solutions with a strong and growing position in the enterprise and carrier segments it services with a broad portfolio of feature-rich products. Given Marvell's growing momentum in the cloud data center market, which was further enhanced with the recent acquisit