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General

Marvell revenues pass expectations to reach USD 665.3 mln in Q2

Friday 7 September 2018 | 12:28 CET | News
Marvell Technology revenues for its fiscal second quarter 2019 passed expectations to hit USD 665.3 million, down from last year's 1.269 billion but higher than the 604.4 recorded in the previous quarter. The net profit from continuing operations fell to USD 6.8 million or USD 0.01 per diluted share, from 135.4 million and 0.26 per share the year earlier. The adjusted figure rose to USD 162 million or USD 0.28 per diluted share from 153.5 million or 0.30 per diluted share. Cash flow from operations amounted to USD 62 million. The net profit amounted to USD 5.7 million, against 135.4 million

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Categories: General
Companies: Cavium / Marvell / Marvell Technology
Countries: World
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