Driven by robust growth in its data center and artificial intelligence segments, Marvell delivered exceptional profit performance in the third quarter.

Dec 07, 2024

∙ Paid

Revenue: $1.516 billion, exceeding the midpoint of guidance and analyst expectations by 4-6%.
Non-GAAP EPS: $0.43, beating analyst estimates by $0.02 and guidance by $0.03.
Data Center Segment: Revenue nearly doubled year-over-year, driven by strong growth, despite restructuring costs impacting GAAP profitability, boosting overall financial performance.
FY2025 Q3 Results: Total revenue of $1.516 billion surpassed the projected $1.456 billion.
Non-GAAP EPS: Delivered $0.43, outperforming the guidance of $0.40 and analyst expectations of $0.41.

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