MRVL Falls 7%: FYQ2 Rev, EPS Miss
Chip maker Marvell Technology Group (MRVL) this afternoon reported fiscal Q2 revenue and earnings per share that missed analysts’ estimates, citing the effect of global economic weakness. Revenue in the three months ended in July fell 9%, year over year, and rose 2% from the prior quarter, to $816 million, yielding EPS of 24 cents, [...]
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