• Q1 Revenue: $579 million
• Q1 Gross Margin: 60.2% GAAP gross margin; 60.4% non-GAAP gross margin
• Q1 Diluted earnings per share: $0.19 GAAP diluted earnings per share from continuing operations; $0.24 non-GAAP diluted earnings per share from continuing operations
• Cash and short-term investments: $1.65 billion
Outlook
• Revenue is expected to be $585 to $615 million. This range excludes approximately $5 million in revenue associated with sale of LTE thin-modem business.
(prnewswire.com)
source: insemicon.com
Marvell Technology Group Ltd. Reports First Quarter of Fiscal Year 2018 Financial Results