MRVL ▼ -3.1% - Marvell Technology, Inc.
$MRVL MARVELL TECHNOLOGY 2Q NET REV. $2.74B, EST. $2.71B *MARVELL TECHNOLOGY 2Q ADJ EPS 94C, EST. 93C
Marvell Technology shares fell 3.1% despite posting results that slightly beat analyst expectations, with second-quarter revenue of $2.74 billion against the $2.71 billion estimate and adjusted EPS of 94 cents versus the 93-cent forecast. The modest beats appear insufficient to offset broader market concerns, possibly related to forward guidance or sector headwinds, as investors digested the earnings report.
27-AUG-2026 04:05 PM ET
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