Should You Buy, Hold or Sell Marvell Stock Ahead of Q2 Earnings?
MRVLMarvell Technology(MRVL) ZACKS·2024-08-28 21:25

Marvell Technology, Inc. (MRVL) will report second-quarter fiscal 2025 results on Aug. 29 after market close.Marvell projects total revenues for the fiscal second quarter of 1.25billion(+/51.25 billion (+/- 5%). The Zacks Consensus Estimate for revenues is pegged at 1.25 billion, which indicates a decrease of 6.7% from the year-ago quarter’s reported figure.MRVL anticipates non-GAAP earnings per share (EPS) of 29 cents (+/- 5 cents) for the second quarter. The consensus mark for non-GAAP EPS has remained unchanged at 29 ...