Technology

Marvell Tech (NASDAQ:MRVL) Q1 EPS $0.31 Beats $0.29 Estimate, Sales $1.32B Beat $1.30B Estimate

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Marvell Tech (NASDAQ:MRVL) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.29. This is a 40.38 percent decrease over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $1.32 billion which beat the analyst consensus estimate of $1.30 billion. This is a 8.64 percent decrease over sales of $1.45 billion the same period last year.

Marvell Tech (NASDAQ:MRVL) Q1 EPS $0.31 Beats $0.29 Estimate, Sales $1.32B Beat $1.30B Estimate Read Post »

Snowflake (NYSE:SNOW) Posts Fiscal Q1 Adjusted Earnings as Revenue Advances; Issues Guidance

/ / Technology /

Snowflake (NYSE:SNOW) reported fiscal Q1 adjusted earnings  of $0.15 per diluted share, compared with a breakeven a year earlier. Analysts polled by Capital IQ expected $0.05. Revenue for the quarter ended April 30 was $623.6 million, up from $422.4 million a year earlier. Analysts surveyed by Capital IQ expected $608.7 million. Looking ahead, the company expects product revenue of $620 million to $625 million for Q2 and $2.6 billion for fiscal 2024.

Snowflake (NYSE:SNOW) Posts Fiscal Q1 Adjusted Earnings as Revenue Advances; Issues Guidance Read Post »

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