๐น Revenue: $1.90B (Est. $1.88B) ๐ข; +63% YoY
๐น Adj. EPS: $0.62 (Est. $0.61) ๐ข
Q2 Guidance:
๐น Revenue: ~$2.00B (Est. $1.98B) ๐ข
๐น Adj. EPS: ~$0.67 ยฑ $0.05 (Est. $0.67)
๐น Non-GAAP Gross Margin: 59%โ60%
๐น Diluted Share Count: ~874M
Strategic Commentary:
๐ธ CEO Matt Murphy: โCustom silicon programs and electro-optics products are driving AI-led growth in the data center segment.โ
๐ธ Marvell to host a Custom AI Investor Event on June 17, highlighting its expanding AI platform and market share goals.
๐ธ Positioned to lead in the shift toward custom AI infrastructure.