News Formal

Marvell Technology Reports Solid Earnings. Investors Seem Disappointed.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Management said it expects sequential growth in revenue to speed up in the third quarter, but the stock fell in after-hours trading.

Marvell Technology posted earnings results and gave financial guidance slightly above Wall Street expectations. But after the stock’s big rally this year, investors were likely hoping for more upside.

Management’s financial outlook was roughly in line as well. Marvell forecast a range of potential revenue for the current quarter with a midpoint of $1.4 billion, compared with the consensus view that revenue will be $1.39 billion.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Marvell earnings: What to expect from the chip makerMarvell will report earnings Thursday afternoon on the heels of mind-blowing results from Nvidia.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

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.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

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.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »