Marvell Technology-Here's What Key Metrics Tell Us About Marvell (MRVL) Q2 Earnings

For the quarter ended July 2024, Marvell Technology (MRVL) reported revenue of $1.27 billion, down 5.1% over the same period last year. EPS came in at$ 0.30, compared to $0.33 in the year-ago quarter.The reported revenue represents a surprise of +1.79% over the Zacks Consensus Estimate of$ 1.25 billion. With the consensus EPS estimate being $0.29, the EPS surprise was +3.45%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...