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Live News EARNINGS ARTICLE L impact

Marvell Q2 27 revenue and adjusted EPS; guides Q3

Revenue $2.74B beat $2.71B; adjusted EPS 94c versus 93c estimate. Sees Q3 adjusted EPS $1.05 to $1.15 (est $1.07) and Q3 adjusted gross margin 57.5% to 58.5% (Q3 gross margin 52.9% to 53.9%).

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08:19:41 PM UTC
SquawkNews
Marvell Technology Q2 27 Earnings

Revenue: $2.74B (est $2.71B) Adjusted EPS: 94c (est 93c) Sees Q3 Adjusted EPS: $1.05 To $1.15 (est $1.07) Sees Q3 Adjusted Gross Margin: 57.5% To 58.5% Sees Q3 Gross Margin: 52.9% To 53.9%