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Marvell Technology Group Q3 earnings up 54%

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Marvell Technology
Marvell Technology   Bottom line rose to $171.77 million

Marvell Technology Group announced a profit for its third quarter that climbed from last year.

The company said its bottom line rose to $171.77 million, or $0.34 per share.

This was higher than $111.87 million, or $0.21 per share, in last year's third quarter.

The company said revenue for the quarter fell 1.2% to $616.30 million. This was down from $623.65 million last year.

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