🔹 Revenue: $1.90B (Est. $1.88B) 🟢; +63% YoY
🔹 Adj. EPS: $0.62 (Est. $0.61) 🟢
Q2 Guidance:
🔹 Revenue: ~$2.00B (Est. $1.98B) 🟢
🔹 Adj. EPS: ~$0.67 ± $0.05 (Est. $0.67)
🔹 Non-GAAP Gross Margin: 59%–60%
🔹 Diluted Share Count: ~874M
Strategic Commentary:
🔸 CEO Matt Murphy: “Custom silicon programs and electro-optics products are driving AI-led growth in the data center segment.”
🔸 Marvell to host a Custom AI Investor Event on June 17, highlighting its expanding AI platform and market share goals.
🔸 Positioned to lead in the shift toward custom AI infrastructure.
