Key Developments: Marvell Technology Group Ltd (MRVL.OQ)

MRVL.OQ on NASDAQ Stock Exchange Global Select Market

14.19USD
18 Dec 2014
Price Change (% chg)

$-0.01 (-0.07%)
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Latest Key Developments (Source: Significant Developments)

Petzila selects Marvell's EZ-Connect to power their latest Pet Technology
Tuesday, 16 Dec 2014 08:04am EST 

Petzila:Selects Marvell MC200+8782 Wi-Fi microcontroller module and Marvell's EZ-Connect software platform to support PetziConnect, an ingenious way for pet lovers to interact with their pets anytime, from anywhere.  Full Article

Marvell Technology Group Ltd increases share repurchase authorization by $250 mln
Friday, 12 Dec 2014 08:30am EST 

Marvell Technology Group Ltd:To repurchase up to an additional $250 mln under the existing share repurchase program.Cumulative total authorized for share repurchases by the company amounts to $3.25 bln.  Full Article

Marvell Technology Group Ltd declares payment of quarterly dividend - Form 8-K
Thursday, 20 Nov 2014 04:12pm EST 

Marvell Technology Group Ltd:Declared payment of quarterly dividend of $0.06 per share to be paid on Dec. 29 to all shareholders of record as of Dec. 11.  Full Article

Marvell Technology Group Ltd gives Q4 2015 revenue guidance below analysts' estimates; EPS guidance in line with analysts' estimates
Thursday, 20 Nov 2014 04:05pm EST 

Marvell Technology Group Ltd:Expects Q4 2015 Revenue to be in the range of $880 - $900 mln.Expects Q4 2015 GAAP Diluted EPS to be in the range of $0.16 +/- $0.02.Expects Q4 2015 Non-GAAP Diluted EPS to be in the range of $0.24 +/- $0.02.Q4 2015 revenue of $930 mln and EPS of $0.26 - Thomson Reuters I/B/E/S.  Full Article

Marvell Technology Group Ltd gives Q3 2015 guidance; EPS guidance below analysts' estimates
Thursday, 21 Aug 2014 04:05pm EDT 

Marvell Technology Group Ltd:Says Q3 2015 revenue is expected to be in the range of $960 Million to $1 Billion.Says Q3 2015 GAAP diluted EPS expected to be in the range of $0.21 +/- $0.02.Says Q3 2015 Non-GAAP diluted EPS expected to be in the range of $0.29 +/- $0.02.Outlook does not include the potential impact of future share repurchases, pending litigation matters, business combinations, asset acquisitions or other investments that may be completed after Aug. 20.Q3 2015 revenue of $1 Billion and EPS of $0.32 - Thomson Reuters I/B/E/S.  Full Article

Marvell Technology Group Ltd gives Q2 2015 guidance; revenue guidance above analysts' estimates
Thursday, 22 May 2014 04:05pm EDT 

Marvell Technology Group Ltd:Expects Q2 2015 revenue to be in the range of $940 to $980 million.Expects Q2 2015 GAAP Diluted EPS to be in the range of $0.21 +/- $0.02.Expects Q2 2015 non-GAAP Diluted EPS to be in the range of $0.28 +/- $0.02.Q2 2015 revenue of $930 million and EPS of $0.26 - Thomson Reuters I/B/E/S.  Full Article

Marvell Technology Group Ltd to pay quarterly dividend
Thursday, 22 May 2014 04:05pm EDT 

Marvell Technology Group Ltd:Intends to pay next quarterly dividend of $0.06 per share on July 2 to all shareholders of record as of June 12.  Full Article

Marvell Technology Group Ltd gives Q1 2015 EPS guidance; revenue guidance above analysts' estimates
Thursday, 20 Feb 2014 04:06pm EST 

Marvell Technology Group Ltd:Expects Q1 2015 revenue of $870 to $910 million.Expects Q1 2015 GAAP diluted EPS to be in the range of $0.14 +/- $0.02.Expects Q1 2015 Non-GAAP diluted EPS to be in the range of $0.22 +/- $0.02.Q1 2015 revenue of $849 million and EPS of $0.21 - Thomson Reuters I/B/E/S.  Full Article

Marvell Technology Group Ltd names Michael Rashkin as Chief Financial Officer
Thursday, 20 Feb 2014 04:03pm EST 

Marvell Technology Group Ltd:Says Michael Rashkin has been appointed as the Chief Financial Officer, effective Feb. 17.  Full Article

Marvell Technology Group Ltd loses bid to reduce $1.17 billion U.S. patent verdict - Reuters
Wednesday, 15 Jan 2014 09:51am EST 

Marvell Technology Group Ltd:Marvell Technology Group Ltd has failed to convince a federal judge to reduce by more than half a $1.17 billion jury verdict for infringing two hard disk drive patents held by Carnegie Mellon University - Reuters.U.S. District Judge Nora Barry Fischer in Pittsburgh, where Carnegie Mellon is based, denied Marvel's bid to cut about $620 million from the award on the basis that the university unreasonably delayed pursuing its claims for patent infringement.  Full Article

Chipmaker Marvell's fourth-quarter revenue forecast disappoints

- Marvell Technology Group Ltd forecast lower-than-expected revenue for the current quarter as weak demand for its chips used in third-generation mobile communication offset a rise in sales of its more profitable 4G LTE chips.

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