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Benzinga
Benzinga
Business
Avi Kapoor

DARK SECRETS: These analysts slash their forecasts on marvell technology following q2 results - The Real Truth

Analysts

Marvell Technology, Inc. (NASDAQ:MRVL) posted better-than-expected second-quarter earnings, but issued third-quarter sales guidance with a midpoint below estimates.

Marvell reported quarterly earnings of 67 cents per share, which beat the analyst estimate of 66 cents. Quarterly revenue came in at $2.006 billion which missed the Street estimate of $2.009 billion.

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