Marvell reports revenue growth in cloud infrastructure

Marvell reported net revenue for the second quarter of its fiscal 2022 of $1.076 billion. GAAP net loss for the second quarter of fiscal 2022 was $(276) million, or $(0.34) per diluted share. Non-GAAP net income for the second quarter of fiscal 2022 was $284 million, or $0.34 per diluted share. Cash flow from operations for the second quarter was $222 million."Marvell delivered record revenue of $1.076 billion in the fiscal second quarter, above...

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EXFO completes going-private transaction

EXFO completed its previously-announced going-private transaction and subordinate voting shares of EXFO will be voluntarily and imminently de-listed from the Toronto Stock Exchange and the NASDAQ.A corporation controlled by Germain Lamonde acquired all the issued and outstanding subordinate voting shares of EXFO, other than the subordinate voting shares held by the purchaser, for US $6.25 per subordinate voting share in cash."As we're about to write...

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