For the quarter ended October 2024, Marvell Know-how (MRVL) reported income of $1.52 billion, up 6.9% over the identical interval final 12 months. EPS got here in at $0.43, in comparison with $0.41 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $1.45 billion, representing a shock of +4.29%. The corporate delivered an EPS shock of +7.50%, with the consensus EPS estimate being $0.40.
Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s value efficiency.
Right here is how Marvell carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Web Income by finish market- Knowledge heart: $1.10 billion versus the seven-analyst common estimate of $1.05 billion. The reported quantity represents a year-over-year change of +98.1%.
- Web Income by finish market- Provider infrastructure: $84.70 million versus $80.28 million estimated by seven analysts on common. In comparison with the year-ago quarter, this quantity represents a -73.2% change.
- Web Income by finish market- Automotive/industrial: $82.90 million versus the seven-analyst common estimate of $80.10 million. The reported quantity represents a year-over-year change of -22.2%.
- Web Income by finish market- Client: $96.50 million versus the seven-analyst common estimate of $90.76 million. The reported quantity represents a year-over-year change of -42.8%.
- Web Income by finish market- Enterprise networking: $150.90 million in comparison with the $158.14 million common estimate primarily based on seven analysts. The reported quantity represents a change of -44.3% 12 months over 12 months.
View all Key Company Metrics for Marvell here>>>
Shares of Marvell have returned +14.8% over the previous month versus the Zacks S&P 500 composite’s +5.8% change. The inventory at present has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
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Marvell Technology, Inc. (MRVL) : Free Stock Analysis Report
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