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Marvell Technology Group Ltd (MRVL.OQ)

MRVL.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Marvell Technology sets quarterly dividend of $0.06 per share
Wednesday, 14 Sep 2016 04:15pm EDT 

Marvell Technology Group Ltd ::.  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

Marvell Technology Q4 GAAP earnings per share $0.01
Tuesday, 19 Jul 2016 04:05pm EDT 

Marvell Technology Group Ltd : Marvell Technology Group Ltd. Reports fourth fiscal quarter and fiscal year 2016 financial results . Q4 non-GAAP earnings per share $0.11 . Q4 GAAP earnings per share $0.01 . Q4 revenue $616 million versus I/B/E/S view $652.6 million . Q4 earnings per share view $0.09 -- Thomson Reuters I/B/E/S . Anticipates mobile handset platform-related revenue to decline through fiscal year 2017 .Non-Gaap net income for q4 of fiscal 2016 was $55 million, or $0.11 per share.  Full Article

Marvell Technology's CEO Murphy's annual base salary will be $750,000
Monday, 20 Jun 2016 05:13pm EDT 

Marvell Technology Group Ltd : Chief executive officer Murphy's annual base salary will be $750,000 - SEC filing .Effective as of date Murphy commences employment number of directors on board of directors will be increased from 11 to 12.  Full Article

Marvell Technology appoints Matthew Murphy CEO
Monday, 20 Jun 2016 04:30pm EDT 

Marvell Technology Group Ltd : Murphy joins marvell from Maxim Integrated .Marvell technology group ltd. Announces appointment of Matthew J. Murphy as president and chief executive officer.  Full Article

Marvell Technology files for non-timely 10-Q
Friday, 10 Jun 2016 09:18am EDT 

Marvell Technology Group Ltd : Files For Non-Timely 10-Q . Expects net revenue for Q1 to be substantially lower than net revenue for the first quarter of fiscal year 2016 .Q1 fall in revenue was due to lower sales of its hard disc drive storage products.  Full Article

Marvell Technology Group appoints Andy Micallef as chief operations officer
Monday, 6 Jun 2016 04:05pm EDT 

Marvell Technology Group Ltd - : Micallef joins Marvell from Intersil Corporation where he was senior vice president of operations since January 2015 . Appointment of Andy Micallef as chief operations officer, effective immediately .Marvell Technology Group Ltd. announces appointment of Andy Micallef as chief operations officer.  Full Article

Marvell Technology Group appoints Mitchell Gaynor as chief legal officer
Thursday, 19 May 2016 09:26am EDT 

Marvell Technology Group Ltd : Announces appointment of Mitchell Gaynor as chief legal officer . Gaynor joins Marvell from Juniper Networks Inc where he held a variety of senior legal roles from 2004 to 2015 .Continue to work through issues with SEC.  Full Article

Marvell to buy back $1 billion of shares

Marvell Technology Group Ltd reported a better-than-expected quarterly profit and said it would buy back $1 billion of shares.