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Why Marvell stock is slipping despite a classic ‘beat and raise’

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Marvell Technology (MRVL) reported record Q2 earnings on Thursday evening, featuring $2.739 billion in revenue – up 37% year-on-year – and adjusted earnings per share (EPS) of $0.94. The custom chips specialist topped Street estimates acros…

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Why Marvell stock is slipping despite a classic ‘beat and raise’
Invezz 1h ago

Why Marvell stock is slipping despite a classic ‘beat and raise’

Marvell Technology (MRVL) reported record Q2 earnings on Thursday evening, featuring $2.739 billion in revenue – up 37% year-on-year – and adjusted earnings per share (EPS) of $0.94. The custom chips specialist topped Street estimates acros…