财务表现 - 第一季度净收入为11.61亿美元，同比下降12%[1] - 第一季度GAAP毛利率为45.5%，非GAAP毛利率为62.4%[1] - 第一季度每股稀释收益（亏损）为（0.25）美元，非GAAP每股稀释收益为0.24美元[1] - 第一季度现金流为3.245亿美元[2] - 第二季度净收入预计为12.5亿美元，GAAP毛利率约为46.2%，非GAAP毛利率约为62.0%[3] - 第二季度预计每股稀释亏损为（0.20）美元，非GAAP每股稀释收益为0.29美元[3] 公司财务状况 - Marvell Technology, Inc. 截至2024年5月4日的总资产为20491亿美元[14] - Marvell Technology, Inc. 2024年5月4日至2023年4月29日的经营活动现金流为324.5百万美元[15] - Marvell Technology, Inc. 2024年5月4日的非GAAP毛利率为62.4%[16] - Marvell Technology, Inc. 2024年5月4日至2023年4月29日的特殊项目总额为420.1百万美元[17] 业务市场表现 - Marvell Technology, Inc. 2024年5月4日的数据中心市场收入为816.4百万美元，同比增长87%[25] - Marvell Technology, Inc. 2024年5月4日的企业网络市场收入为153.1百万美元，环比下降42%[25] - Marvell Technology, Inc. 2024年5月4日的载体基础设施市场收入为71.8百万美元，同比下降75%[25] - Marvell Technology, Inc. 2024年5月4日的消费者市场收入为42.0百万美元，同比下降70%[25] - Marvell Technology, Inc. 2024年5月4日的汽车/工业市场收入为77.6百万美元，同比下降13%[25]

Q1 Net Revenue: $1.161 billion, declined by (12)% year-on-yearQ1 Gross Margin: 45.5% GAAP gross margin; 62.4% non-GAAP gross marginQ1 Diluted income (loss) per share: $(0.25) GAAP diluted loss per share; $0.24 non-GAAP diluted income per shareSANTA CLARA, Calif., May 30, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2025.Net revenue for the first quarter of fiscal 20 ...

Marvell Technology, Inc MRVL was moving slightly higher on Thursday ahead of its first-quarter earnings print set to take place after the market closes.When Marvell printed its fourth-quarter earnings on March 7, the stock plunged over 11% the following day and entered into a steep downtrend, which brought the stock to a low of $63.46 on March 19.For that quarter, Marvell reported earnings per share of 46 cents, in line with the consensus estimate. The stock printed revenues of $1.427 billion, which exceede ...

Built on Marvell industry-leading 5nm PAM4 technology, new Alaska® P PCIe retimer product line scales connections between AI accelerators, GPUs, CPUs and other components inside servers. Higher compute performance for AI drives requirement for a new category of connectivity devices.Industry's lowest power PCIe Gen 6 16-lane retimer is now sampling.SANTA CLARA, Calif., May 30, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today expanded ...

文章核心观点 公司将于周四盘后发布2025财年第一季度财报，分析师预计营收环比和同比均下降，净亏损环比收窄但同比扩大，投资者关注数据中心营收和人工智能相关进展 [2][3] 分析师预期 - 2025财年第一季度营收预计为11.5亿美元，低于上一季度和去年同期 [3] - 预计净亏损1.966亿美元，较2024财年第四季度收窄，但高于去年同期的1.689亿美元 [2][3] - 预计摊薄后每股亏损20美分，与去年同期持平，较上一季度的45美分收窄 [1][3] 公司展望 - 公司此前给出的本季度展望弱于预期，CEO称短期内消费、运营商基础设施和企业网络需求疲软，但预计第一季度后这些终端市场营收下滑将结束，2025财年下半年将复苏 [4] - UBS分析师认为核心业务已触底，未来几个季度将在人工智能支持下逐步回升 [4] - JPMorgan分析师预计第一季度业绩符合或略好于预期，为全年最低点，随着人工智能相关项目加速，业绩将改善 [4] 数据中心业务 - 数据中心业务涵盖多个人工智能相关产品，2024财年占公司总营收的40% [5] - 2024财年第四季度数据中心营收为7.653亿美元，分析师预计2025财年第一季度将达7.868亿美元，同比增长超80% [5] 人工智能业务 - 公司在财报发布前一个月举办人工智能基础设施活动，称2025年30%的营收将与人工智能相关 [6] - 预计2025财年人工智能营收超15亿美元，占总营收30%，是去年的三倍，其中三分之二来自传导性产品，三分之一来自定制计算产品 [7] - 2024财年人工智能相关营收超5.5亿美元，占总营收约10%，是2023财年的三倍 [7] - Bank of America Securities分析师指出，自上次财报发布后，顶级超大规模客户定制ASIC业务更清晰，800G/1.6T光收发器需求稳定，存储业务改善，企业需求可能触底 [7] - JPMorgan分析师称人工智能相关项目和产品将推动2024年强劲增长，人工智能营收有望同比增长两倍 [7] 股价表现 自2024年初以来，公司股价涨幅超26%，截至周三下午2:30，股价为76.05美元 [8]

文章核心观点 Marvell Technology将于5月30日盘后公布2025财年第一季度财报，其业绩受产品需求疲软和库存调整影响，但在AI等领域投资及数据中心市场复苏带来一定增长，同时给出其他公司财报预测情况 [1][3] 分组1：Marvell Technology财报预期 - 2025财年第一季度预计总收入11.5亿美元（±5%），非GAAP每股收益23美分（±5美分） [1] - Zacks共识预期收入11.5亿美元，较上年同期下降12.9%；每股收益23美分，较上年同期下降25.8% [1] - 过去四个季度，公司收益三次超Zacks共识预期，一次相符，平均惊喜率3.1% [1] - 2024财年第四季度，公司收入14.3亿美元，超共识预期的14.2亿美元 [1] - 2024财年第四季度，非GAAP每股收益46美分，与Zacks共识预期及公司指引中点一致 [2] 分组2：影响Marvell Technology业绩因素 - 2025财年第一季度业绩可能受产品需求疲软和客户库存调整影响 [3] - 公司在AI、标准云基础设施和800 - gig PAM解决方案的投资及数据中心市场复苏有助于营收增长 [3] 分组3：Marvell Technology各部门收入预期 - 数据中心部门2025财年第一季度收入预计7.808亿美元，同比增长79.2% [4] - 企业网络收入预计1.589亿美元，同比下降56.4% [4] - 运营商基础设施收入预计8490万美元，同比下降70.7% [4] - 消费端市场收入预计4310万美元，同比下降69.6% [5] - 汽车/工业部门收入预计8230万美元，同比下降7.8% [5] 分组4：Marvell Technology盈利预测 - 公司模型未明确预测本季盈利超预期，虽Zacks排名2，但收益ESP为 - 0.31% [7] 分组5：其他公司盈利预测 - Dell Technologies收益ESP为 + 2.30%，Zacks排名2，5月30日公布2024年第一季度财报，预计每股收益1.25美元，收入2170万美元，同比增长3.7% [8] - Broadcom收益ESP为 + 3.66%，Zacks排名3，6月12日公布2024年第二季度财报，预计每股收益10.79美元，同比增长4.6%，收入120亿美元，同比增长37.88% [9] - REE Automotive收益ESP为 + 5.26%，Zacks排名2，5月30日公布2024年第一季度财报，预计每股亏损1.81美元，收入40万美元 [9]

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Marvell Technology (MRVL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Marvell currently has an average brokerage recommenda ...

Analysts on Wall Street project that Marvell Technology (MRVL) will announce quarterly earnings of $0.23 per share in its forthcoming report, representing a decline of 25.8% year over year. Revenues are projected to reach $1.15 billion, declining 12.9% from the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 1.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial est ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Marvell Technology (MRVL) reports results for the quarter ended April 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 30. ...

The latest trading session saw Marvell Technology (MRVL) ending at $73.30, denoting a -1.57% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.25%. Meanwhile, the Dow experienced a rise of 0.17%, and the technology-dominated Nasdaq saw an increase of 0.23%.Coming into today, shares of the chipmaker had gained 18.43% in the past month. In that same time, the Business Services sector gained 5.37%, while the S&P 500 gained 7.08%.The investment community wil ...