(in $ million) 2Q23 2Q24 6 mo. 23 6 mo. 24 Revenue 1,517 1,341 2,964 2,663 Growth -12% -10% Net income (loss) 4.3 (207.5 (161.4) (376.4) Marvell Technology, Inc. reported financial results for the second quarter of fiscal year 2024. Net revenue was $1.341 billion, $11 million above the midpoint of the company’s […]
Marvell Technology, Inc. reported financial results for the second quarter of fiscal year 2024.
Net revenue was $1.341 billion, $11 million above the midpoint of the company’s guidance provided on May 25, 2023. GAAP net loss was $(207.5) million, or $(0.24) per diluted share. Non-GAAP net income was $290.
