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Marvell Technology Group Q4 Adj. EPS $0.17 Beats $0.16 Estimate, Sales $717.671M Beat $712.95M Estimate

Marvell Technology Group (NASDAQ:MRVL) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.16 by 6.25 percent. This is a 32 percent decrease over earnings of $0.25 per share

Benzinga · 03/04/2020 21:06

Marvell Technology Group (NASDAQ:MRVL) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.16 by 6.25 percent. This is a 32 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $717.671 million which beat the analyst consensus estimate of $712.95 million by 0.66 percent. This is a 3.64 percent decrease over sales of $744.799 million the same period last year.