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Marvell expects falling revenue
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Old 2nd December 2023, 18:07   #1
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Default Marvell expects falling revenue

In the third quarter, the computer chipmaker delivered earnings before certain costs such as stock compensation of 41 cents per share, down from a profit of 57 cents one year earlier but above the Street’s consensus estimate of 40 cents. In terms of revenue, Marvell took in $1.42 billion, down eight per cent from a year earlier but exceeding the Street’s forecast of $1.4 billion.

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