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You are at:Home»Technology»Stock Marvell Technology tanks on Soft Outlook
Technology

Stock Marvell Technology tanks on Soft Outlook

March 7, 2025001 Min Read
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Actions by Marvell Technology (MRVL) Diving around 20% Thursday morning, one day after the semiconductor company reported a Perspectives that have disappointed Some investors.

Marvell reported the fourth quarter adjusted profit by action (EPS) From $ 0.60 on income that jumped from 27% over one year to $ 1.82 billion, both slightly above the visible alpha consensus.

Although the projections of the current district of Marvell of BPA adjusted by $ 0.61, more or less $ 0.05, and the revenues of $ 1.875 billion, more or less 5%, are mainly in accordance with estimates, analysts of Bank of America had called for a “wide” forecast.

After Marvell’s “solid” results on Wednesday, Deutsche Bank analysts said their “purchase” note on action, writing that they “continue to see a positive risk / reward in MRVL, using the apparent” disappointment “of this evening report / guide as a purchase opportunity.”

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