Marvell Technology Group Ltd. Reports First Quarter of Fiscal Year 2020 Financial Results
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Marvell (MRVL) PT Raised to $28 at Rosenblatt
May 31, 2019 7:07 AM EDTRosenblatt analyst Hans Mosesmann raised the price target on Marvell (NASDAQ: MRVL) to $28.00 (from $24.00) while maintaining a Buy rating following the company's April quarter results. For the April quarter, Marvell delivered sales of $662.5 million, above the consensus of $651.0 million. Revenue was driven by higher... More
Marvell Technology (MRVL) Tops Q1 EPS by 2c; Guides Q2 Below
May 30, 2019 4:07 PM EDTMarvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.16, $0.02 better than the analyst estimate of $0.14. Revenue for the quarter came in at $662 million versus the consensus estimate of $653.78 million.
GUIDANCE:
Marvell Technology sees Q2 2020 EPS of $0.13-$0.17, versus the consensus of... More
