
Marvell Technology, Inc. (NASDAQ:MRVL) shares are trading higher on Wednesday after the company reported better-than-expected 2025 fiscal-year third-quarter earnings and issued fourth-quarter guidance above estimates on Tuesday after the bell.
The Details: Marvell shares traded about 9% higher on late Tuesday following the release of the earnings report. In the earnings report, the company reported adjusted earnings per share of 43 cents, beating analyst estimates of 41 cents.