Marvell Technology Group Ltd. Reports Fourth Quarter and Fiscal Year 2017 Financial Results
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Needham & Company Remains Sidelined on Marvell Technology (MRVL) Following 4Q
March 3, 2017 7:58 AM ESTNeedham & Company reiterated a Hold rating on Marvell Technology (NASDAQ: MRVL) following the company's 4Q earnings report. NG GM was 19.4%, well ahead of 17.0% estimates, leading to NG EPS of $0.22 that beat $0.19 estimates.
Analyst Quinn Bolton commented, "Though we remain... More
Marvell Technology (MRVL) Tops Q4 EPS by 3c; Issues Solid Outlook
March 2, 2017 4:06 PM ESTMarvell Technology (NASDAQ: MRVL) reported Q4 EPS of $0.22, $0.03 better than the analyst estimate of $0.19. Revenue for the quarter came in at $571.4 million versus the consensus estimate of $567.64 million.
Q4 Revenue: $571 MillionQ4 GAAP gross margin of 57.3%; Non-GAAP gross margin of 57.6%Q4 GAAP... More