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Image source: The Motley Fool. Marvell Technology (NASDAQ: MRVL) Q3 2025 Earnings Call Dec 03, 2024, 4:45 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Marvell's enterprise networking segment posted a 44% fall to $150.9 million in revenue, while that of the company's carrier infrastructure unit declined 73% to $84.7 million.
However, Marvell beat Wall Street estimates for third-quarter revenue and profit, as the rapid adoption of artificial intelligence (AI) buoyed demand for its chips.
Marvell Technology, Inc. is an American company, headquartered in Santa Clara, California, which develops and produces semiconductors and related technology. Founded in 1995, the company had more than 6,500 employees as of 2024, with over 10,000 patents worldwide, and an annual revenue of $5.5 billion for fiscal 2024.
(Reuters) -Marvell Technology has won new business helping large U.S.-based cloud computing firms make custom chips for artificial intelligence it said on Thursday, but noted that its custom unit ...
(Reuters) -Marvell Technology forecast first-quarter results below market expectations on Thursday due to soft demand in its wireless infrastructure, consumer and enterprise markets. The company ...
Needham analyst N. Quinn Bolton raised the price target on Marvell Technology Inc (NASDAQ: MRVL) to $115 from $110 and reiterated a Buy. The price target implies a 30.9% upside. Marvell is Needham ...
Marvell (MRVL) delivered earnings and revenue surprises of -3.39% and 1.33%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?