Marvell Technology: 2019 Analysis

Marvell’s sales are flat year-over year – reflecting the status of many semiconductors with exposure to Huawei. The company reported quarterly revenue of $657 million in fiscal Q2 2019 ending in July with GAAP net loss of $57 million or -$0.09 diluted EPS. The company reports on December 3rd and has guided for $660 million in the mid-range with diluted EPS of -$0.09 and -$0.05 and non-GAAP EPS of $0.15 to $0.19 EPS.