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Marvell Technology Q1 revenue $694 million

Christian Fernsby ▼ | May 29, 2020
Marvell Technology Group reported financial results for the first quarter of fiscal year 2021.
Marvell Technology
Marvell Technology   Exceeded the midpoint of the company's guidance
Revenue for the first quarter of fiscal 2021 was $694 million, which exceeded the midpoint of the company's guidance provided on March 4, 2020.

Topics: Marvell Technology

GAAP net loss for the first quarter of fiscal 2021 was $(113) million, or $(0.17) per diluted share.

Non-GAAP net income for the first quarter of fiscal 2021 was $118 million, or $0.18 per diluted share.

Cash flow from operations for the first quarter was $176 million.


 

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