Marvell Technology Inc (NASDAQ:MRVL) Reports Mixed Financial Results

Marvell Technology Inc (NASDAQ:MRVL) Reports Mixed Financial Results

Yahoo Finance

GAAP diluted loss per share stood at 46.6%, while non-GAAP gross margin was notably higher at 63.9%. Annual Performance : Fiscal year 2024 net revenue totaled $5.508 billion with a GAAP net loss of $933.4 million. Future Outlook: Q1 fiscal 2025 net revenue is expected to be $1.150 billion +/- 5%. Marvell Technology Inc (NASDAQ:MRVL) reported a slight year-on-year increase in Q4 net revenue

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