Marvell Technology Group (MRVL) reported first quarter non-GAAP EPS of $0.19 after the bell Thursday, down from $0.23 last year. The consensus estimate was for EPS of $0.14. The company expects to report second quarter non-GAAP EPS of $0.17 to $0.21. The consensus estimate is for EPS of $0.18. The stock is now up 0.88 on 478K shares.
Marvell Technology Group traded in a range for the majority of Thursday's session and closed down by 0.05 at $11.31.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.