Marvell Technology Sees Q2 EPS $0.29 +/- $0.05 Vs $0.30 Est.; Revenue $1.25B +/- 5%. Vs $1.24B Est.
Marvell Technology Group Ltd. +1.86% Pre
Marvell Technology Group Ltd. MRVL | 83.35 83.35 | +1.86% 0.00% Pre |
Second Quarter of Fiscal 2025 Financial Outlook
- Net revenue is expected to be $1.250 billion +/- 5%.
- GAAP gross margin is expected to be approximately 46.2%.
- Non-GAAP gross margin is expected to be approximately 62.0%.
- GAAP operating expenses are expected to be approximately $688 million.
- Non-GAAP operating expenses are expected to be approximately $455 million.
- Basic weighted-average shares outstanding are expected to be 867 million.
- Diluted weighted-average shares outstanding are expected to be 877 million.
- GAAP diluted loss per share is expected to be $(0.20) +/- $0.05 per share.
- Non-GAAP diluted income per share is expected to be $0.29 +/- $0.05 per share.
GAAP diluted EPS is calculated using basic weighted-average shares outstanding when there is a GAAP net loss, and calculated using diluted weighted-average shares outstanding when there is a GAAP net income. Non-GAAP diluted EPS is calculated using diluted weighted-average shares outstanding.