Marvell Technology MRVL shares have plunged 31% year to date, underperforming the Zacks Electronics - Semiconductors industry and its peers, including Broadcom AVGO, Qualcomm QCOM and Ambarella AMBA.
Marvell reported quarterly adjusted earnings of 62 cents per share, which beat the Street estimate of 61 cents. Marvell sees second-quarter net revenue of $2 billion, plus or minus 5%. Join Benzinga ...
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