Scalper1 News
Marvell Technology (MRVL) got mixed reactions from analysts Friday after reporting mixed fiscal Q1 earnings and a weak outlook, but hopes ran higher over the fate of its mobile chip unit. Late Thursday, the chipmaker reported fiscal Q1 earnings per share excluding items of 13 cents, down 52% from the year-earlier quarter. Revenue fell 24% to $724 million. Analysts polled by Thomson Reuters had forecast EPS minus items of 10 cents a share and Scalper1 News
Scalper1 News