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Marvell Technology Group Ltd (MRVL.OQ)

MRVL.OQ on NASDAQ Stock Exchange Global Select Market

15.90USD
24 Mar 2017
Change (% chg)

$-0.01 (-0.06%)
Prev Close
$15.91
Open
$16.06
Day's High
$16.11
Day's Low
$15.85
Volume
1,377,252
Avg. Vol
1,232,516
52-wk High
$16.72
52-wk Low
$9.05

Latest Key Developments (Source: Significant Developments)

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

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

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