Technology

Marvell Technology (NASDAQ:MRVL) Q4 2023 net revenue of $1.419 billion,up 6% year-over-year

March 2, 2023 — Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the fourth fiscal quarter and the full fiscal year, ended January 28, 2023. Marvell Technology (NASDAQ:MRVL) reported fiscal Q4 adjusted earnings of $0.46 per diluted share, Analysts polled by Capital IQ estimated 0.47 per share. Revenue for the quarter ended Jan. 28 was $1.42 billion, Analysts surveyed by Capital IQ forecast $1.41 billion. The commpany said it projects fiscal Q1 adjusted EPS of $0.24 to $0.34 on revenue of $1.30 billion, plus or minus 5%. Analysts polled by Capital IQ are looking for an adjusted EPS of $0.41 and revenue of $1.39 billion. Net revenue for the fourth quarter of fiscal 2023 was $1.419 billion, above the midpoint of the Company’s guidance provided on January 11, 2023. GAAP net loss for the fourth quarter of fiscal 2023 was $(15) million, or

Marvell Technology (NASDAQ:MRVL) Q4 2023 net revenue of $1.419 billion,up 6% year-over-year Read Post »

Zscaler(NASDAQ:ZS) Q2 2023 revenue of $387.6 million, up 52% year-over-year

March 2, 2023 – Zscaler, Inc. (Nasdaq: ZS), the leader in cloud security, today announced financial results for its second quarter of fiscal year 2023, ended January 31, 2023. Zscaler, Inc. (Nasdaq: ZS) reported fiscal Q2 non-GAAP net income per diluted share was $0.37, Analysts polled by Capital IQ expected a normalized EPS of $0.29 a share. Revenue for the quarter ended Jan. 31 was $387.6 million,Analysts surveyed by Capital IQ expected $364.8 million. For Q3, the company expects revenue of $396 million to $398 million and non-GAAP EPS of about $0.39. Analysts polled by Capital IQ expected $387.5 million in revenue and a normalized EPS of $0.31. For fiscal 2023, it expects revenue of $1.558 billion to $1.563 billion and non-GAAP EPS of $1.52 to $1.53. Analysts polled by Capital IQ expected $1.53 billion in revenue and a normalized EPS of $1.22. Second Quarter Fiscal 2023 Financial Highlights Revenue: $387.6 million, an increase of 52% year-over-year. Income (loss)

Zscaler(NASDAQ:ZS) Q2 2023 revenue of $387.6 million, up 52% year-over-year Read Post »

Dell Technologies (NYSE:DELL) Q4 2023 net revenue $25.039 billion,down 11% year-over-year

March 2, 2023 – Dell Technologies (NYSE:DELL) Delivers Fourth Quarter and Full Year Fiscal 2023 Financial Results。 Dell Technologies (NYSE:DELL) reported fiscal Q4 2023 non-GAAP earnings of $1.80 per diluted share, Analysts polled by Capital IQ expected $1.64. Revenue for the quarter ended Feb. 3 was $25.04 billion, Analysts polled by Capital IQ expected $23.51 billion. Dell ended the quarter with remaining performance obligations of $40 billion, deferred revenue of $30.3 billion and recurring revenue of approximately $5.6 billion, up 12% year-over-year. Cash and investments were $10.2 billion, and $3.8 billion was returned to shareholders in fiscal year 2023 through share repurchases and dividends. The company will increase its annual cash dividend by 12% to $1.48 per common share, with $0.37 per common share for the first quarterly distribution payable on May 5 to shareholders of record as of April 25. business outlook Sweet saids Revenue for the full fiscal year 2024

Dell Technologies (NYSE:DELL) Q4 2023 net revenue $25.039 billion,down 11% year-over-year Read Post »

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