Marvell Technology Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Marvell Technology, Inc. (NASDAQ:MRVL) will release earnings results for the second quarter after the closing bell on Thursday, Aug. 28.

Analysts expect the Wilmington, Delaware-based company to report quarterly earnings at 67 cents per share, up from 30 cents per share in the year-ago period. Marvell Technology projects to report quarterly revenue of $2.01 billion, compared to $1.27 billion a year earlier, according to data from Benzinga Pro.

On Aug. 26, Marvell Technology unveiled an industry-first 2nm 64 Gbps bi-directional D2D interface.

Marvell Technology shares rose 0.7% to close at $74.79 on Wednesday.

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