Below are the earnings highlights for Marvell Technology Group Ltd. (MRVL):
Earnings: -$168.9 million in Q1 vs. -$165.7 million in the same period last year.
EPS: -$0.20 in Q1 vs. -$0.20 in the same period last year.
Excluding items, Marvell Technology Group Ltd. reported adjusted earnings of $264.2 million or $0.31 per share for the period.
Analysts projected $0.29 per share
Revenue: $1.32 billion in Q1 vs. $1.45 billion in the same period last year.
-Guidance:
Next quarter EPS guidance: $0.27 - $0.37
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