📉 MARVELL CAE MORE THAN 5% AFTER THE CLOSE DESPITE BEATING FINANCIAL TARGETS 💻
Shares of Marvell Technology fell more than 5% in the after-hours market, despite beating second-quarter estimates and raising its annual outlook 📊.
Key figures reported:
Record revenue: $2,730 million (vs. $2,710 million expected).
Adjusted EPS: $0.94 (vs. $0.93 expected).
Gross margin: 58.9%.
Despite strong results in the data center sector, the figures failed to meet investors’ high expectations amid high volatility in the tech sector 🚀.
#Marvell #MRVL #Semiconductores #WallStreet #ResultadosFinancieros
$MRVL
$BTC
$ETH
Shares of Marvell Technology fell more than 5% in the after-hours market, despite beating second-quarter estimates and raising its annual outlook 📊.
Key figures reported:
Record revenue: $2,730 million (vs. $2,710 million expected).
Adjusted EPS: $0.94 (vs. $0.93 expected).
Gross margin: 58.9%.
Despite strong results in the data center sector, the figures failed to meet investors’ high expectations amid high volatility in the tech sector 🚀.
#Marvell #MRVL #Semiconductores #WallStreet #ResultadosFinancieros
$MRVL
$BTC
$ETH
