Marvell Technology Group Ltd. Reports First Quarter of Fiscal Year 2020 Financial Results

 

 Marvell Technology Group Ltd.

 Outlook for the Second Quarter of Fiscal Year 2020

Reconciliations from GAAP to Non-GAAP (Unaudited)

 (In millions, except per share amounts)

   
   
 

Outlook for Three Months Ended
August 3, 2019

GAAP revenue

$650 +/- 3%

Special items:

Non-GAAP revenue

$650 +/- 3%

   

GAAP gross margin

53% to 54%

Special items:

 

Share-based compensation

0.3%

Amortization of acquired intangible assets

9.4%

Non-GAAP gross margin

63% to 64%

   

Total GAAP operating expenses

 $370 - $380

Special items:

 

Share-based compensation

64

Restructuring related charges

1

Amortization of acquired intangible assets

20

Other operating expenses

2

Total non-GAAP operating expenses

$285 - $290

   
   

GAAP diluted net loss per share

 $(0.09) - $(0.05)

Special items:

 

Share-based compensation

0.10

Amortization of acquired intangible assets

0.12

Other operating expenses

0.01

Other income tax effects and adjustments

(0.01)

Non-GAAP diluted net income per share

$0.13 - $0.17

 

Quarterly Revenue Trend (Unaudited)

(In thousands)

 
 

Three Months Ended

 

% Change

 

May 4,
 2019

 

February 2,
 2019

 

May 5,
 2018

 

YoY

 

QoQ

Storage (1)

$

278,667

   

$

317,042

   

$

317,069

   

(12)

%

 

(12)

%

Networking (2)

341,344

   

387,457

   

244,228

   

40

%

 

(12)

%

   Total Core

620,011

   

704,499

   

561,297

   

10

%

 

(12)

%

Other (3)

42,441

   

40,300

   

43,334

   

(2)

%

 

5

%

Total Revenue

$

662,452

   

$

744,799

   

$

604,631

   

10

%

 

(11)

%


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



Review Article Be the first to review this article
Aldec


Jobs
Senior Account Managers… FORMAL VERIFICATION...VALLEY for EDA Careers at San Jose, California
Salesforce Technical Lead   East Coast  for EDA Careers at Cherry Hill, New Jersey
Sr. Application Engineer for Mentor Graphics at Fremont, California
Hardware Engineer, Board Design for Arista Networks at Santa Clara, California
Senior Software Architect Internet for EDA Careers at San Jose, California
Upcoming Events
FLEX 2020 and MSTC 2020 at DoubleTree by Hilton 2050 Gateway Place San Jose CA - Feb 24 - 27, 2020
DVCon U.S. 2020 at DoubleTree Hotel San Jose CA - Mar 2 - 5, 2020
OFC 2020 - The Optical Networking and Communication Conference & Exhibition at San Diego Convention Center San Diego CA - Mar 8 - 12, 2020
DATE '2020 at ALPEXPO Grenoble France - Mar 9 - 13, 2020
DownStream: Solutions for Post Processing PCB Designs
Verific: SystemVerilog & VHDL Parsers



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise