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Benzinga
Benzinga
Business
Adam Eckert

BIZARRE: What s going on with marvell technology shares today - What They Never Told You

Marvell Marvell Technology Inc

Marvell Technology Inc (NASDAQ:MRVL) is trading relatively flat Friday despite reporting better-than-expected financial results. 

Marvell said fourth-quarter revenue increased 68% year-over-year to $1.343 billion, which beat the $1.32 billion estimate. The company reported quarterly earnings of 50 cents per share, which beat the estimate of 48 cents per share. 

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