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Marvell sees stronger revenues in Q4 after in-line Q3

Friday 4 December 2020 | 09:52 CET | News
Marvell Technology reported third quarter revenues in-line with its guidance, rising to USD 750 million from 727 million the year before. The net loss narrowed to USD 23 million or USD 0.03 per diluted share, from a loss of 158 million and 0.24 per share. The adjusted net profit increased to USD 168 million or USD 0.25 per diluted share, from 140 million and 0.21 per share. The operating cash flow amounted to USD 258 million.

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Categories: General
Companies: Marvell Technology
Countries: World
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