News Formal

Marvell stock declines after earnings beat, in-line outlook

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Marvell Technology shares declined after hours Thursday after the chip maker's earnings beat the Wall Street consensus, but offered an in-line outlook.

Marvell Technology Inc. shares declined in the extended session Thursday after the chip maker’s earnings beat the Wall Street consensus, but offered an in-line outlook.

The company reported a second-quarter loss of $207.5 million, or 24 cents a share, versus net income of $4.3 million, or a penny a share, in the year-ago period. “Marvell delivered second-quarter fiscal 2024 revenue above the midpoint of guidance, and we are forecasting sequential revenue growth to accelerate in the third quarter,” said Matt Murphy, Marvell chairman and chief executive, in a statement. “This growth is being driven primarily by AI and cloud infrastructure.”

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Marvell earnings: What to expect from the chip makerMarvell will report earnings Thursday afternoon on the heels of mind-blowing results from Nvidia.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Why AMD, Marvell, Intel and other chip stocks are falling after Nvidia earningsWall Street is cheering Nvidia's blowout results and outlook, but investors aren't extending that enthusiasm to the company's peers.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Why AMD, Marvell, Intel and other chip stocks sank after Nvidia earningsAMD shares were among the S&P 500's biggest laggards Thursday as Nvidia's blowout results failed to drive the chip sector higher.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »