$MRVL reported another record quarter, but investors wanted more.
Revenue climbed 37% YoY to $2.739B, with data center sales reaching $2.17B and accounting for 79% of total revenue.
Management guided Q3 revenue to $3.15B and highlighted exceptionally robust AI-related bookings. Despite those positives, shares fell around 7% after hours.
The takeaway is simple: when expectations become extremely high, “good” results may no longer be enough.
Let's see how things go with $MRVL on BingX.
#MRVL #AI #BingX #Crypto #Macro Insights#
Revenue climbed 37% YoY to $2.739B, with data center sales reaching $2.17B and accounting for 79% of total revenue.
Management guided Q3 revenue to $3.15B and highlighted exceptionally robust AI-related bookings. Despite those positives, shares fell around 7% after hours.
The takeaway is simple: when expectations become extremely high, “good” results may no longer be enough.
Let's see how things go with $MRVL on BingX.
#MRVL #AI #BingX #Crypto #Macro Insights#
