0
Wireless

Marvell meets Q2 outlook for lower results, sees further impact from Huawei ban in Q3

Friday 30 August 2019 | 09:01 CET | News
Marvell Technology reported revenues for the second quarter of USD 657 million, near the high end of its guidance but down from USD 665 million a year ago. Adjusted net earnings fell to USD 110 million or USD 0.16 per share, from USD 162 million or USD 0.28 per share in Q2 2018, in line with the company's outlook. Cash flow from operations was USD 73 million.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Huawei / Marvell Technology
Countries: World
::: add a comment
This article is part of dossier

5G


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Marvell Q1 hits expectations, guides for higher revenues in Q2

Published 29 May 2020 11:10 CET | World
Marvell Technology reported first quarter results above the mid-point of its guidance, helped by stronger demand for its ...

Marvell reports mixed Q3, sees continuing effects on margin, profits from Huawei ban

Published 04 Dec 2019 10:36 CET | World
Marvell Technology reported a mixed set of results for the third quarter to 5 November and sees a further decline for its gross ...

Marvell joins Green Computing Consortium

Published 30 Oct 2019 15:29 CET | China
Marvell joined the Green Computing Consortium (GCC) to help build an open and innovative ecosystem in China for green computing ...

Marvell promotes Jarnac to SVP Worldwide Sales

Published 30 Aug 2019 08:48 CET | World
Marvell Technology Group announced that Dean Jarnac is being promoted to Senior Vice President of Worldwide Sales.  He will lead ...

Marvell extends strategic partnership with Arm

Published 06 Jun 2019 10:24 CET | World
Marvell entered a broader strategic partnership with Arm, a subsidiary of SoftBank Group, to accelerate the design and ...

Marvell guides for lower revenues in Q2, including effects of Huawei ban

Published 31 May 2019 10:09 CET | World
Marvell Technology reported results for the first quarter in line with expectations. The company guided for lower revenues ...





Calendar   /   Industry Events

10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
10 Aug Sohu Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Ceva Q2
10 Aug Gogo Q2 2020
11 Aug Viavi fiscal Q4
11 Aug NTT fiscal Q1
11 Aug Zoom Telephonics Q2 2020
11 Aug Rakuten Group Q2
11 Aug Lumentum fiscal Q4
11 Aug Radcom Q2 2020
12 Aug Tecnotree H1 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug China Unicom Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug United Internet H1 2020
13 Aug Teleste Q2 2020
13 Aug RTL Group Q2 2020
13 Aug China Mobile H1 2020
13 Aug Singtel fiscal Q1
13 Aug Teleste Q2 2020
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
14 Aug TDC Q2 results
::: More Calendar Items