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MRVL $222.02 -0.07%
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MRVL · Marvell Technology, Inc.

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$222.02 -0.16 (-0.07%) At close · Aug 14
Market Cap
$189.90B
Shares
874.80M
All earnings calls

Earnings call · FY2024 Q3

Marvell Technology, Inc. Q3 FY2024 Earnings Call

Marvell Technology, Inc. Q3 FY2024 Earnings Call

Concluded Nov 30, 2023
Nov 30, 2023 0 turns
Period
FY2024 Q3
Runtime
Sources
2 artifacts

Executive readout · one minute

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Revenue $1.42B -7.7% YoY
Diluted EPS -$0.19 -1050% YoY
Gross margin 38.9% -11.7 pp YoY
Net income -$164.30M -1335.3% YoY

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Quarter detail

How the reported period landed and where the business moved.

Revenue · products & services

Data Center$555.80M -11.4% YoY
Carrier Infrastructure$316.50M +16.6% YoY
Enterprise Networking$271.10M -27.9% YoY
Consumer$168.70M -5.4% YoY
Automotive and Industrial$106.50M +26.5% YoY

Capital returned

Buybacks · derived
$50.00M
Shares repurchased
800,000
Dividend / share
$0.06
Full-screen source Call document