Marvell Technology Stock Climbs After Better-Than-Expected Q3 Results, Strong Q4 Guidance

Quick Summary:

Here's a look at the key figures from the quarter. 

The Details: Marvell Technology reported quarterly earnings of 43 cents per share, which beat the analyst consensus estimate of 41 cents.

Quarterly revenue came in at $1.52 billion, which beat the consensus estimate of $1.46 billion and is an increase over sales of $1.42 billion from the same period last year.

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Author / Journalist: Erica Kollmann

Category: Technology

Markets: United States

Topics: Semiconductors Artificial intelligence Movers News AI Earnings After-Hours Center Tech BMG5876H1051 MRVL Benzinga Why it's moving

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 21:26:59 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 333 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 24102045

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