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General

Marvell ups revenues, profit in Q4

Friday 9 March 2018 | 10:53 CET | News
Marvell Technology said revenues for its fiscal fourth quarter to 3 February came well within guidance at USD 615 million, up from the 566 million recorded the year before. The net result recovered to a profit of USD 48.7 million from a loss the year earlier of 80 million, with the net profit from continuing operations rising to USD 48.7 million or USD 0.10 per share from a loss of 63.5 million or 0.03 per share. The operating cash flow was a positive USD 120 million.

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