Marvell Technology (NASDAQ:MRVL) reported fiscal Q2 non-GAAP diluted earnings of $0.33, down from $0.57 a year earlier.
Analysts surveyed by Capital IQ expected $0.32.
Revenue for the quarter ended July 29 was $1.34 billion, down from $1.52 billion a year earlier.
Analysts surveyed by Capital IQ expected $1.33 billion.
The company said it expects fiscal Q3 non-GAAP diluted earnings of $0.40, plus or minus $0.05. Analysts surveyed by Capital IQ expect $0.40. The company expects revenue for the quarter of $1.4 billion, plus or minus 5%. Analysts surveyed by Capital IQ expect $1.39 billion.