Marvell Stock Drops After Mixed Q3 Results, Missed Q4 Profit Guidance [TheStreet.com]
Marvell Technology, Inc. (MRVL)
Last marvell technology, inc. earnings: 3/4 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
marvell.com/company/investor_relations
Company Research
Source: TheStreet.com
Marvell Stock Drops After Mixed Q3 Results, Missed Q4 Profit Guidance Marvell ( MRVL Get Report For the quarter ended Nov. 2 the Santa Clara, Calif., company reported non-GAAP net income of 17 cents a share, matching the estimate of analysts surveyed by FactSet. Revenue was $662 million against the estimate of $664.5 million. The company touted a strong performance from its enterprise and data center products as well as the ramping of its first 5G product shipments in volume. For the fourth quarter, the company expects earnings of 15 cents to 19 cents a share on revenue of about $750 million. Analysts are expecting the company to report earnings of 21 cents on revenue of $699.5 million. The company said that its acquisitions of multigig ethernet company Aquantia and application-specific-integrated-circuit company Avera will be reflected in the fourth quarter. Earlier in the day, the company said all regulatory clearances have been received for NXP Semiconductors' ( NXPI In May 2019,
Show less
Read more
Impact Snapshot
Event Time:
MRVL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MRVL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MRVL alerts
High impacting Marvell Technology, Inc. news events
Weekly update
A roundup of the hottest topics
MRVL
News
- Marvell Technology (MRVL) Stock Moves 0.58%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- This Is Why SMCI Stock Bounced Back, and Why It's Time to Buy [Yahoo! Finance]Yahoo! Finance
- Nvidia overheating, DJT reported push into crypto: Market Domination [Yahoo! Finance]Yahoo! Finance
- Chip stocks: What sets Marvell Technology apart from ASML [Yahoo! Finance Canada]Yahoo! Finance Canada
- Chip stocks: What sets Marvell Technology apart from ASML [Yahoo! Finance]Yahoo! Finance
MRVL
Earnings
- 8/29/24 - Beat
MRVL
Sec Filings
- 11/19/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- MRVL's page on the SEC website