Marvell Technology (NASDAQ:MRVL) Posts Earnings Results, Beats Expectations By $0.02 EPS
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2023-05-27 16:31
Marvell Technology (NASDAQ:MRVL) Posts Earnings Results, Beats Expectations By $0.02 EPS
Marvell Technology ( NASDAQ:MRVL – Get Rating ) posted its earnings results on Thursday. The semiconductor company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.29 by $0.02, Briefing.com reports. Marvell Technology had a negative net margin of 2.88% and a positive return on equity of 7.37%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the prior year, the business posted $0.

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