Marvell Q2 FY27 earnings results beat revenue expectations, but miss EPS whisper number
Marvell Technology exceeded revenue expectations for Q2 FY27, reporting $2.74 billion in revenue, driven primarily by its $2.17 billion data center business. While the company beat analyst consensus for earnings-per-share (EPS), it fell short of the Earnings Whisper expectation. Despite a slight dip in after-hours trading, Marvell's strong performance in the booming AI and data center component market positions it well for future growth, with a forecast of $3.15 billion in revenue for Q3 FY27.
Shack News
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