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Cavium Inc (CAVM.OQ)

CAVM.OQ on NASDAQ Stock Exchange Global Select Market

82.98USD
22 Jun 2018
Change (% chg)

$-0.03 (-0.04%)
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Open
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Volume
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Latest Key Developments (Source: Significant Developments)

Marvell Technology Group Says On June 13, 2018, Co Entered Into A Credit Agreement
Wednesday, 13 Jun 2018 07:34am EDT 

June 13 (Reuters) - Marvell Technology Group Ltd ::MARVELL TECHNOLOGY GROUP LTD - ON JUNE 13, 2018, CO ENTERED INTO A CREDIT AGREEMENT - SEC FILING.MARVELL TECHNOLOGY GROUP LTD - CREDIT AGREEMENT PROVIDES FOR BORROWINGS OF UP TO $500 MILLION IN FORM OF REVOLVING LOANS.MARVELL TECHNOLOGY GROUP LTD - CREDIT AGREEMENT ALSO PROVIDES FOR BORROWINGS OF UP TO $900 MILLION IN FORM OF TERM LOANS.MARVELL TECHNOLOGY - PROCEEDS OF TERM LOANS TO BE USED TO FINANCE PORTION OF CASH FOR CAVIUM ACQUISITION, REFINANCE SOME CAVIUM’S DEBT, OTHERS.  Full Article

Cavium Reports Q4 Loss Per Share $0.02
Wednesday, 31 Jan 2018 04:30pm EST 

Jan 31 (Reuters) - Cavium Inc ::CAVIUM ANNOUNCES FINANCIAL RESULTS FOR Q4 2017.Q4 LOSS PER SHARE $0.02.Q4 REVENUE $260.4 MILLION VERSUS I/B/E/S VIEW $260 MILLION.Q4 EARNINGS PER SHARE VIEW $0.81 -- THOMSON REUTERS I/B/E/S.Q4 NON-GAAP EARNINGS PER SHARE $0.83.Q4 GAAP ‍RESULTS OF OPERATIONS INCLUDED INCOME TAX BENEFIT OF $11.1 MILLION DUE TO CO'S PRELIMINARY ASSESSMENT OF IMPACT OF U.S. TAX REFORM​.  Full Article

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

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Exclusive: Mellanox nears truce with Starboard over board seats - sources

NEW YORK Mellanox Technologies Inc , a chipmaker based in Israel and the United States, is close to reaching a deal with activist investor Starboard Value LP over the composition of its board of directors, people familiar with the matter said on Sunday.