05.03.2025 23:11:36
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Marvell: Q4 Data Center Revenue Soars
Marvell Technology (NASDAQ:MRVL), known for its semiconductor solutions, reported fiscal 2025 fourth-quarter results on Wednesday, March 5, that came in just ahead of analysts' consensus expectations. Adjusted EPS of $0.60 exceeded the $0.59 estimate, and revenue of $1.82 billion outperformed the expected $1.8 billion. This positive result was largely due to a significant 78% year-over-year rise in data center revenue. Marvell's overall performance this quarter was strong, though gross margins showed a slight decline.Source: Marvell Technology. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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