MRVLQ2 FY20271/5Estimate vs Actual
Earnings per Share
- Estimate
- $0.94
- Actual
- $0.94
In Line
Revenue
- Estimate
- $2.77 B
- Actual
- $2.74 B
−1.0% vs Estimate
Marvell Technology Q2 FY2027 · Story
Read the quarter card by card, ready to share.
MRVLQ2 FY20271/5MRVLQ2 FY20272/5Guidance
Revenue
- Company Guidance
- 2.99 – 3.31 billion
- Market Estimate
- 3.04 billion
3.6% Above Estimate ▲
Adjusted EPS
- Company Guidance
- 1.05 – 1.15 $
- Market Estimate
- 1.07 $
2.8% Above Estimate ▲
Adjusted Gross Margin
- Company Guidance
- 57.5% – 58.5%
0.9 pt Contraction ▼
MRVLQ2 FY20273/5Price Reaction
First Full Session
− 10.3%
From the report-day close to the next session's close.
MRVLQ2 FY20274/5In 30 Seconds
Revenue rose 37% year over year to $2.74B; data center grew 46% and made up 79% of sales.
- Third-quarter revenue guidance of $3.15B came in 3.6% above the market expectation.
- Shares fell ~7% after hours as Google revenue slipped to fiscal 2029 and valuation stayed stretched.
First point of the analysis's “In 30 Seconds”.
Full AnalysisMRVLQ2 FY20275/5Score
79/ 100
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