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Marvell Technology Group Ltd (MRVL.O)

MRVL.O on Nasdaq

18.27USD
16 Oct 2017
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Latest Key Developments (Source: Significant Developments)

T. Rowe Price Associates reports 10.3 percent passive stake in Marvell Technology Group
Monday, 11 Sep 2017 01:45pm EDT 

Sept 11 (Reuters) - Marvell Technology Group Ltd ::T. Rowe Price Associates, Inc reports 10.3 percent passive stake in Marvell Technology Group Ltd as of August 31, 2017 - SEC filing.  Full Article

Marvell Technology Q2 non-GAAP EPS $0.30 from continuing operations
Thursday, 24 Aug 2017 04:05pm EDT 

Aug 24 (Reuters) - Marvell Technology Group Ltd ::Marvell Technology Group Ltd reports second quarter of fiscal year 2018 financial results.Q2 non-GAAP earnings per share $0.30 from continuing operations.Q2 GAAP earnings per share $0.26 from continuing operations.Q2 revenue $605 million versus I/B/E/S view $600.7 million.Q2 earnings per share view $0.28 -- Thomson Reuters I/B/E/S.Sees Q3 2018 non-GAAP earnings per share $0.30 to $0.34 from continuing operations.Sees Q3 2018 GAAP earnings per share $0.25 to $0.31 from continuing operations.Sees Q3 2018 revenue $595 million to $625 million.Marvell Technology Group Ltd - sees ‍Q3 GAAP and non-GAAP gross margins are expected to be approximately 61% to 62%​.Q3 earnings per share view $0.31, revenue view $616.7 million -- Thomson Reuters I/B/E/S.  Full Article

Synaptics to buy Conexant Systems and multimedia solutions business of Marvell Technology
Monday, 12 Jun 2017 04:25pm EDT 

June 12 (Reuters) - Synaptics Inc :Synaptics accelerates consumer iot strategy with acquisitions of conexant systems, llc and multimedia solutions business of marvell technology group.Synaptics inc says expects transaction to be accretive to its non-gaap earnings per share in first year following close.Synaptics inc says intends to fund transactions through a combination of cash and debt financing.Synaptics inc says also announced signing of a definitive agreement to acquire multimedia solutions business of marvell technology group.  Full Article

Marvell Technology Q1 adjusted profit $0.24/shr from cont ops
Thursday, 25 May 2017 04:05pm EDT 

May 25 (Reuters) - Marvell Technology Group Ltd :Marvell technology group ltd. Reports first quarter of fiscal year 2018 financial results.Q1 non-gaap earnings per share $0.24 from continuing operations.Q1 gaap earnings per share $0.19 from continuing operations.Q1 revenue $579 million versus i/b/e/s view $570.7 million.Q1 earnings per share view $0.21 -- Thomson Reuters I/B/E/S.Sees q2 2018 non-gaap earnings per share $0.26 to $0.30 from continuing operations.Sees q2 2018 gaap earnings per share $0.21 to $0.27 from continuing operations.Sees q2 2018 revenue $585 million to $615 million.Marvell technology group ltd sees q2 gaap and non-gaap gross margins of approximately 61%.Q2 earnings per share view $0.25, revenue view $591.7 million -- Thomson Reuters I/B/E/S.  Full Article

Marvell Technology Group Ltd Q4 non-GAAP earnings per share $0.22 from continuing operations
Thursday, 2 Mar 2017 04:05pm EST 

Marvell Technology Group Ltd : Marvell Technology Group Ltd. reports fourth quarter and fiscal year 2017 financial results . Q4 GAAP loss per share $0.15 from continuing operations . Q4 revenue $571 million versus I/B/E/S view $567.6 million . Q4 earnings per share view $0.19 -- Thomson Reuters I/B/E/S . Q4 non-GAAP earnings per share $0.22 from continuing operations . Sees Q1 2018 non-GAAP earnings per share $0.19 to $0.23 from continuing operations . Sees Q1 2018 GAAP earnings per share $0.12 to $0.18 from continuing operations . Sees Q1 revenue about $570 million, plus or minus 2 percent . GAAP and non-GAAP gross margins are expected to be approximately 59% in Q1 2018 .Q1 earnings per share view $0.17, revenue view $545.5 million -- Thomson Reuters I/B/E/S.  Full Article

Marvell Technology Q3 adjusted earnings per share $0.20
Thursday, 17 Nov 2016 04:06pm EST 

Marvell Technology Group Ltd : Marvell Technology Group - revenue is expected to be $565 million plus or minus 2%, excluding discontinued operations and reflecting normal seasonality for Q4 . Q4 earnings per share view $0.13, revenue view $594.6 million -- Thomson Reuters I/B/E/S . Q4 GAAP and non-GAAP gross margins are expected to be in range of 57% to 58% . Marvell Technology Group Ltd sees Q4 GAAP diluted EPS from continuing operations to be in range of loss of $0.01 to $+0.03 . Marvell Technology Group Ltd sees Q4 non-GAAP diluted EPS from continuing operations are expected to be in range of $0.17 to $0.21 . Q3 non-GAAP earnings per share $0.20 . Q3 revenue $654 million versus I/B/E/S view $615.9 million . Sees Q4 2017 non-GAAP earnings per share $0.17 to $0.21 from continuing operations . Sees Q4 2017 revenue about $565 million . Marvell Technology Group Ltd. reports third quarter of fiscal 2017 financial results . Q3 gaap earnings per share $0.14 . Q3 earnings per share view $0.12 -- Thomson Reuters I/B/E/S .Sees Q4 2017 GAAP loss per share $0.01 to $+0.03 from continuing operations.  Full Article

Inside Secure and Marvell deliver open source open data plane security VPN solution
Friday, 30 Sep 2016 01:30am EDT 

Inside Secure SA :Inside Secure and Marvell deliver open source open data plane security VPN solution.  Full Article

Marvell Technology Q2 non-gaap earnings per share $0.18
Tuesday, 6 Sep 2016 06:30am EDT 

Marvell Technology Group Ltd : Marvell technology group ltd. reports second quarter of fiscal 2017 financial results . Q2 gaap earnings per share $0.10 . Q2 earnings per share view $0.11 -- Thomson Reuters I/B/E/S . Sees q3 2017 gaap earnings per share $0.03 to $0.08 . Q2 non-gaap earnings per share $0.18 . Q2 revenue $626 million versus I/B/E/S view $630 million . Sees q3 2017 non-gaap earnings per share $0.08 to $0.13 . Q3 revenue is expected to be flat to down 4 percent from q2 .Q3 gaap and non-gaap gross margins are expected to be in range of 52 percent to 54 percent.  Full Article

Marvell technology group says appointment of Jean Hu as CFO
Thursday, 18 Aug 2016 04:20pm EDT 

Marvell Technology Group Ltd: Marvell Technology Group Ltd. announces appointment of Jean Hu as Chief Financial Officer . Hu joins Marvell from Qlogic Corporation, where she was SVP and CFO .Jean Hu succeeds David Eichler.  Full Article

Marvell Technology Group Q1 GAAP loss per share $0.04
Wednesday, 27 Jul 2016 04:05pm EDT 

Marvell Technology Group Ltd : Q2 non-GAAP diluted EPS are expected to be in range of $0.10 to $0.12. . For Q2 of fiscal 2017 GAAP and non-GAAP gross margins are expected to be in range of 52 percent to 54 percent . Marvell Technology Group Ltd. Reports first quarter of fiscal 2017 financial results . Q1 non-GAAP earnings per share $0.01 . Q1 GAAP loss per share $0.04 . Q1 revenue $541 million versus i/b/e/s view $573.7 million . Q1 earnings per share view $0.07 -- Thomson Reuters I/B/E/S . Says q2 revenue is expected to be in range of $625 million to $635 million. .Q2 GAAP diluted EPS are expected to be in range of $0.03 to $0.05.  Full Article

BRIEF-T. Rowe Price Associates reports 10.3 percent passive stake in Marvell Technology Group

* T. Rowe Price Associates, Inc reports 10.3 percent passive stake in Marvell Technology Group Ltd as of August 31, 2017 - SEC filing Source text for Eikon: Further company coverage: