Goldman Sachs Reinstates Marvell (MRVL) at Neutral
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Marvell Technology Group Ltd. Reports Second Quarter of Fiscal 2017 Financial Results
September 6, 2016 6:30 AM EDTSANTA CLARA, Calif., Sept. 6, 2016 /PRNewswire/ -- Marvell (NASDAQ: MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today reported financial results for the second quarter of fiscal year 2017, ended July 30, 2016.  Revenues for the second quarter of fiscal 2017 were $626 million, up approximately 16 percent from $541 million in the prior quarter and down approximately 12 percent from the same quarter of last year.
"We experienced a seasonally strong second quarter, driven by... More
