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Marvell Technology (MRVL) Earnings Date, Estimates & Call Transcripts

$71.34
+1.93 (+2.78%)
(As of 08/21/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 29
After Market Closes
Confirmed
Actual EPS
(May. 30)
$0.24
Consensus EPS
(May. 30)
$0.24
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MRVL Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MRVL Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Marvell Technology Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20244$0.43$0.51$0.46$0.24 - $0.34
Q2 20244$0.15$0.49$0.32$0.27 - $0.37
Q3 20244$0.23$0.61$0.47$0.35 - $0.45
Q4 20243$0.35$0.60$0.500.410 - 0.510
FY 202415$1.16$2.21$1.75 
Q1 20252$0.08$0.38$0.230.180 - 0.280
Q2 20252$0.12$0.44$0.280.240 - 0.340
Q3 20252$0.19$0.51$0.35 
Q4 20252$0.28$0.56$0.42 
FY 20258$0.67$1.89$1.28 
Q1 20262$0.29$0.30$0.30 
Q2 20262$0.36$0.38$0.37 
Q3 20262$0.42$0.46$0.44 
Q4 20262$0.47$0.56$0.52 
FY 20268$1.54$1.70$1.62 
Q1 20271$0.52$0.52$0.52 

MRVL Earnings Date and Information

Marvell Technology last released its earnings results on May 30th, 2024. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.15 billion. Its revenue was down 12.2% on a year-over-year basis. Marvell Technology has generated ($1.13) earnings per share over the last year (($1.13) diluted earnings per share). Earnings for Marvell Technology are expected to grow by 129.33% in the coming year, from $0.75 to $1.72 per share. Marvell Technology has confirmed that its next quarterly earnings report will be published on Thursday, August 29th, 2024. Marvell Technology will be holding an earnings conference call on Thursday, August 29th at 4:45 PM Eastern. Interested parties can register for or listen to the call. or dial in at 646-517-4150 with passcode "45397#".

Marvell Technology Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
8/29/2024
(Confirmed)
-------  
5/30/2024Q1 2024$0.24$0.24-$0.41$1.15 billion$1.16 billion        
3/7/2024Q1 2024$0.46$0.46-$1.01$1.42 billion$1.43 billion        
11/30/2023Q4 2023$0.3990$0.41+$0.0110$0.67$1.40 billion$1.42 billion        
8/24/2023Q3 2023$0.3210$0.33+$0.0090$0.60$1.33 billion$1.34 billion        
5/25/2023Q1 2024$0.2920$0.31+$0.0180$0.54$1.30 billion$1.32 billion        
3/2/2023Q1 2023$0.47$0.46($0.01)$0.70$1.41 billion$1.42 billion      
12/1/2022Q3 2023$0.43$0.41($0.02)$0.80$1.56 billion$1.54 billion  
8/25/2022Q2 2023$0.56$0.57+$0.01$0.81$1.52 billion$1.52 billion      
5/26/2022Q1 2023$0.37$0.37-$0.94$1.43 billion$1.45 billion      
3/3/2022Q4 2022$0.34$0.35+$0.01$0.69$1.32 billion$1.34 billion      
12/1/2021Q4 2021$0.38$0.43+$0.05$0.72$1.15 billion$1.21 billion      
8/25/2021Q3 2021$0.31$0.34+$0.03$0.76$1.07 billion$1.08 billion      
6/6/2021Q2 2021$0.27$0.29+$0.02$0.43$803.02 million$832.28 million    
3/2/2021Q1 2021$0.29$0.29-$0.40$786.30 million$797.82 million      
12/2/2020Q4 2020$0.25$0.25-$0.37$751.01 million$750.10 million      
8/27/2020Q3 2020$0.20$0.21+$0.01$0.48$720.88 million$727.30 million        
5/28/2020Q1 2021$0.14$0.18+$0.04$0.35$680.19 million$694.00 million      
3/4/2020Q1 2020$0.16$0.17+$0.01($2.44)$710.81 million$718.00 million      
12/3/2019Q4 2019$0.17$0.17-$0.26$660.94 million$662.00 million        
8/29/2019Q3 2019$0.05$0.16+$0.11$0.23$650.29 million$656.56 million        

Marvell Technology Earnings - Frequently Asked Questions

When is Marvell Technology's earnings date?

Marvell Technology has confirmed that its next quarterly earnings data will be published on Thursday, August 29th, 2024. Learn more on MRVL's earnings history.

What guidance has Marvell Technology issued on next quarter's earnings?

Marvell Technology updated its second quarter 2025 earnings guidance on Thursday, May, 30th. The company provided earnings per share (EPS) guidance of 0.240-0.340 for the period, compared to the consensus earnings per share estimate of 0.300. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.2 billion.

Did Marvell Technology beat their earnings estimates last quarter?

In the previous quarter, Marvell Technology (NASDAQ:MRVL) reported $0.24 earnings per share (EPS) to hit the analysts' consensus estimate of $0.24. Learn more on analysts' earnings estimate vs. MRVL's actual earnings.

How can I listen to Marvell Technology's earnings conference call?

The conference call for Marvell Technology's latest earnings report can be listened to online. Listen to Conference Call

How can I read Marvell Technology's conference call transcript?

The conference call transcript for Marvell Technology's latest earnings report can be read online. Read Transcript

How much revenue does Marvell Technology generate each year?

Marvell Technology (NASDAQ:MRVL) has a recorded annual revenue of $5.35 billion.

How much profit does Marvell Technology generate each year?

Marvell Technology (NASDAQ:MRVL) has a recorded net income of -$933.40 million. MRVL has generated -$1.13 earnings per share over the last four quarters.

What is Marvell Technology's price-to-earnings ratio?

Marvell Technology (NASDAQ:MRVL) has a forward price-to-earnings ratio of 95.12. The price/earnings-to-growth ratio is 2.99.

What is Marvell Technology's EPS forecast for next year?

Marvell Technology's earnings are expected to grow from $0.75 per share to $1.72 per share in the next year, which is a 129.33% increase.


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This page (NASDAQ:MRVL) was last updated on 8/22/2024 by MarketBeat.com Staff

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