May 30,2024

Marvell Technology, Inc (MRVL) reported its 1 st quarterly earnings report for the FY2025 on
30 th May.
Non-GAAP EPS of $0.24 missing consensus of $0.25
Revenue was $1.161 missing average estimate of $1.18B
Q2 GUIDANCE:
Net revenue is expected to be $1.25 billion +/- 5% vs $1.24 billion consensus
Non-GAAP diluted income per share is expected to be $0.32 +/- $0.05 per share vs 0.30 average estimate
Shares down by 4.36% after hours.