Marvell Technology, Inc. (NASDAQ:MRVL) Earnings Pr…
From Barchart: 2025-03-04 06:00:05
Marvell Technology, Inc. (NASDAQ:MRVL) is gearing up to report its quarterly earnings on March 5, 2025, with analysts forecasting an EPS of $0.59 and revenues around $1.8 billion. The company expects a notable 26.5% revenue increase and a 28.5% rise in non-GAAP EPS compared to the same quarter last year, signaling substantial growth potential. Despite a negative P/E ratio, Marvell’s stock is viewed as attractively valued due to solid sales potential and manageable debt levels. Investors are eagerly awaiting the earnings release to gauge the company’s performance and growth trajectory in key sectors like data infrastructure and connectivity.
Read more at Barchart:: Marvell Technology, Inc. (NASDAQ:MRVL) Earnings Pr…