Marvell Technology (NASDAQ: MRVL) reported its first quarter 2025 results, revealing a decrease in revenue to US$1.16 billion, down 12% from the first quarter of 2024. The net loss also widened to US$215.6 million, a 28% increase from the same period last year. Earnings per share (EPS) deteriorated to US$0.25 loss, compared to a US$0.20 loss in the first quarter of 2024.
Despite the decline in revenue, Marvell Technology’s financial results were in line with analyst estimates for revenue. However, EPS missed expectations by 13%. Looking ahead, Marvell Technology forecasts a 16% annual revenue growth on average over the next three years, slightly below the 17% growth forecast for the Semiconductor industry in the US.
Investors should take into account potential risks and uncertainties ahead as Marvell Technology’s shares have been down 15% from a week ago. One warning sign for investors is that Marvell Technology has faced challenges in recent times due to market volatility and global economic instability. However, it is important to note that Marvell Technology has a strong history of innovation and technological advancements, which could position them well for future success if they can overcome these challenges and adapt to changing market conditions.
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