Saturday, March 5, 2022

Marvell posts revenue of $1.343 billion

 Marvell Technology reported revenue of $1.343 billion for its fourth fiscal quarter, ended January 29, 2022, exceeding the midpoint of the company's guidance provided on December 2, 2021. The figure was up 11% sequentially and 68% year over year, including the acquisitions of Inphi and Innovium.GAAP net income for the fourth quarter of fiscal 2022 was $6 million, or $0.01 per diluted share. Non-GAAP net income for the fourth quarter of fiscal...