Marvell Technology (NASDAQ:MRVL) Beats Q3 Sales Targets But Quarterly Guidance Underwhelms
Networking chips designer Marvell Technology (NASDAQ: MRVL) announced in Q3 FY2024, with revenue down 7.7% year on year to $1.42 billion. On the other hand, next quarter's revenue guidance of $1.42 billion was less impressive, coming in 2.7% below analysts' estimates. It made a non-GAAP profit of…
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