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Cavium Inc (CAVM.OQ)

CAVM.OQ on NASDAQ Stock Exchange Global Select Market

83.77USD
15 Dec 2017
Change (% chg)

$-0.24 (-0.29%)
Prev Close
$84.01
Open
$84.44
Day's High
$84.44
Day's Low
$83.49
Volume
563,382
Avg. Vol
406,719
52-wk High
$88.95
52-wk Low
$56.96

Latest Key Developments (Source: Significant Developments)

Marvell Technology Group Reports Q3 GAAP Earnings Per Share $0.30 From Continuing Operations
Tuesday, 28 Nov 2017 04:05pm EST 

Nov 28 (Reuters) - Marvell Technology Group Ltd :: REPORTS THIRD QUARTER OF FISCAL YEAR 2018 FINANCIAL RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.34 FROM CONTINUING OPERATIONS.Q3 GAAP EARNINGS PER SHARE $0.30 FROM CONTINUING OPERATIONS.Q3 REVENUE $616 MILLION VERSUS I/B/E/S VIEW $613.3 MILLION.Q3 EARNINGS PER SHARE VIEW $0.33 -- THOMSON REUTERS I/B/E/S.SEES Q4 2018 NON-GAAP EARNINGS PER SHARE $0.29 TO $0.33 FROM CONTINUING OPERATIONS.SEES Q4 2018 GAAP EARNINGS PER SHARE $0.23 TO $0.29 FROM CONTINUING OPERATIONS.SEES Q4 2018 REVENUE $595 MILLION TO $625 MILLION.- SEES ‍Q4 2018 GAAP AND NON-GAAP GROSS MARGINS TO BE APPROXIMATELY 62%​.Q4 EARNINGS PER SHARE VIEW $0.27 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $590.2 MILLION -- THOMSON REUTERS I/B/E/S.- ‍TRANSACTION WITH CAVIUM IS EXPECTED TO CLOSE IN MID-CALENDAR 2018​.  Full Article

Marvell Technology says termination fee of $180 mln
Monday, 20 Nov 2017 05:41pm EST 

Nov 20 (Reuters) - Marvell Technology Group Ltd : :Marvell Technology says ‍merger agreement provides for termination fee of $180 million under certain conditions - SEC filing.  Full Article

Marvell Technology in advanced talks to combine with Cavium - WSJ
Friday, 3 Nov 2017 05:48pm EDT 

Nov 3 (Reuters) - :Marvell Technology Group in advanced talks to combine with Cavium- WSJ, citing sources‍​.  Full Article

Cavium reports Q3 loss per share of $0.09
Wednesday, 1 Nov 2017 04:05pm EDT 

Nov 1 (Reuters) - Cavium Inc :Cavium announces financial results for q3 2017.Q3 loss per share $0.09.Q3 revenue $252 million versus I/B/E/S view $250.1 million.Q3 non-GAAP earnings per share $0.76.Q3 earnings per share view $0.74 -- Thomson Reuters I/B/E/S.  Full Article

Cavium Q1 loss per share $0.75
Wednesday, 26 Apr 2017 04:05pm EDT 

April 26 (Reuters) - Cavium Inc ::Cavium announces financial results for q1 2017.Q1 loss per share $0.75.Q1 revenue rose 125.3 percent to $229.6 million.Q1 non-gaap earnings per share $0.58.Gross margins were 40.1 pct in q1 of 2017 compared to 43.4 pct in q4 of 2016.Q1 earnings per share view $0.56, revenue view $227.2 million -- Thomson Reuters I/B/E/S.  Full Article

Cavium Inc on March 20, 2017 entered into amendment no. 1 to credit agreement
Wednesday, 22 Mar 2017 05:04pm EDT 

Cavium Inc : Cavium Inc - on March 20, 2017 entered into amendment no. 1 to credit agreement . Cavium - amendment provides for replacement of outstanding initial term loans with new term b-1 loans in principal amount of $612.3 million - sec filing .Cavium inc - amendment provides for reduction of interest rate margin applicable to loans initially from 3.00% p a to 2.25% p a in case of libor loans.  Full Article

Cavium announces collaboration with Microsoft
Wednesday, 8 Mar 2017 11:15am EST 

Cavium Inc :Collaborating with Microsoft on evaluating variety of cloud workloads running on co's ThunderX2 ARMv8-A data center processor for Azure cloud.  Full Article

Cavium Q4 non-gaap EPS $0.56
Wednesday, 1 Feb 2017 04:05pm EST 

Cavium Inc : Cavium announces financial results for Q4 2016 . Q4 non-gaap earnings per share $0.56 . Q4 loss per share $1.82 . Q4 revenue $226.2 million versus I/B/E/S view $224.5 million .Q4 earnings per share view $0.54 -- Thomson Reuters I/B/E/S.  Full Article

Cavium says signs deal with China Unicom for virtualized RAN technology
Thursday, 8 Dec 2016 08:00am EST 

Cavium Inc : Cavium announced an agreement with China Unicom for development of virtualized base band unit . Deal will focus on commercializing VBBU systems using general purpose hardware based on co's Thunderx workload optimized data server processors .Cavium and China Unicom sign collaboration agreement for virtualized RAN technology.  Full Article

Cavium enters into a credit agreement
Tuesday, 16 Aug 2016 09:23am EDT 

Cavium Inc : Entered into a credit agreement - SEC filing . Credit agreement provides for a $700.0 million six-year term B loan facility .Credit agreement provides for a $50.0 million interim term loan that matures on February 15, 2017.  Full Article

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