Marvell Technology Inc

MRVL

Equity

ISIN US5738741041 / Valor 111229262

NASDAQ (2024-11-21)

USD 92.94+3.43%

Marvell Technology Inc
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About company

Marvell Technology Inc. is a semiconductor company that provides networking and compute solutions for modern enterprise networks, automotive vehicles, cloud data centers, and 5G applications. Their portfolio includes high-performance, secure, and scalable silicon solutions that enable digital transformation and innovation in various industries. Marvell works closely with leading manufacturers and partners to deliver semiconductor innovation that supports the evolving needs of the digital world, ensuring optimal data infrastructure for each unique application. With a focus on data processing, storage, and security, Marvell's platforms are designed to move, process, store, and secure data at a global scale, transforming data center, automotive, enterprise, and carrier architectures for the better.

Summarized from source with an LLMView SourceSector: Technology

Net Revenue

Marvell Technology Inc. reported net revenue of $1.161 billion for the first quarter of fiscal year 2025. This figure was $11.0 million above the mid-point of the company's guidance provided on March 7, 2024.

Net Loss

For the first quarter of fiscal 2025, Marvell Technology Inc. recorded a GAAP net loss of $(215.6) million, translating to a GAAP diluted loss per share of $(0.25). In contrast, the non-GAAP net income was $206.7 million, or $0.24 per diluted share.

Cash Flow

Marvell Technology Inc. generated $324.5 million in cash flow from operations during the first quarter of fiscal 2025. This strong cash flow performance underscores the company's operational efficiency and financial health.

Gross Margin

Marvell Technology Inc. achieved a GAAP gross margin of 45.5% and a non-GAAP gross margin of 62.4% in the first quarter of fiscal 2025. These margins reflect the company's ability to manage costs and maintain profitability despite revenue fluctuations.

Second Quarter Outlook

Looking ahead, Marvell Technology Inc. has provided guidance for the second quarter of fiscal 2025, expecting net revenue to be approximately $1.250 billion, plus or minus 5%. The company also anticipates a GAAP gross margin of around 46.2% and a non-GAAP gross margin of approximately 62.0%.

Summarized from source with an LLMView Source

Key figures

70.0%1Y

24.6%3Y

256%5Y

Performance

50.0%1Y

56.1%3Y

54.2%5Y

Volatility