MRVL

Marvell (MRVL) delivered earnings and revenue surprises of -0.39% and +0.59%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

(Bloomberg) -- Marvell Technology Inc. delivered a quarterly forecast that exceeded analysts’ estimates and boosted its outlook for the year, citing demand for chips used in AI data centers. Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermEx-President Biden Sues to Stop DOJ Sharing Interview TapesPutin Signs Law on Use of Army to Aid Russians Detained AbroadTwo More Oil Supertankers Exit Hormuz to Help

Marvell Technology matched Wall Street's earnings target for its fiscal Q1 on slightly higher-than-expected sales. Marvell stock rose.

The data-center boom is still going strong for Marvell Technology The chip company reported better-than-expected first-quarter revenue and sees higher revenue than expected in the current quarter. Marvell reported revenue of $2.42 billion, compared with Wall Street estimates of $2.41 billion, according to FactSet. Adjusted earnings for the quarter of 80 cents per share were in-line with analyst expectations.

Investing.com -- Marvell Technology Inc (NASDAQ:MRVL) reported first-quarter fiscal 2027 results that exceeded analyst expectations, driven by strong demand for its AI and data center solutions, sending shares up 2.8% in after-hours trading Wednesday.

Marvell Technology (MRVL) reported strong Q1 earnings roughly in line with estimates, but surged after hours on a robust Q2 outlook fueled by soaring AI data infrastructure demand.

Marvell Technology Group Ltd. (NASDAQ:MRVL) reported first-quarter fiscal 2027 revenue of $2.42 billion, topping analyst estimates of $2.4 billion and rising 28% year over year, as the chipmaker cited exceptional AI-related bookings and raised its revenue outlook for both fiscal 2027 and fiscal...

Networking chips designer Marvell Technology (NASDAQ: MRVL) met Wall Street’s revenue expectations in Q1 CY2026, with sales up 27.6% year on year to $2.42 billion. The company expects next quarter’s revenue to be around $2.7 billion, coming in 3% above analysts’ estimates. Its non-GAAP profit of $0.80 per share was in line with analysts’ consensus estimates.