Thursday, November 20, 2014

$MRVL - Marvell Sees Revenue Below Estimates

$MRVL - Marvell Technology Group Ltd. said it expects fourth quarter non-GAAP earnings of $0.22 to $0.26 per share on revenue of $880.0 million to $900.0 million. The current consensus earnings estimate is $0.29 per share on revenue of $940.1 million for the quarter ending January 31, 2015.