Marvell Technology (NASDAQ:MRVL) reported its Q4 earnings results on Thursday, March 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Marvell Technology beat estimated earnings by 4.17%, reporting an EPS of $0.5 versus an estimate of $0.48.
Revenue was up $545.18 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 17.68% increase in the share price the next day.
Here's a look at Marvell Technology's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.38 | 0.31 | 0.27 | 0.29 |
| EPS Actual | 0.43 | 0.34 | 0.29 | 0.29 |
| Revenue Estimate | 1.15B | 1.08B | 804.21M | 794.32M |
| Revenue Actual | 1.21B | 1.08B | 832.28M | 797.82M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
