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

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.

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