March 2, 2017 / 10:44 PM / 5 months ago

BRIEF-Marvell Technology Group Ltd Q4 non-GAAP earnings per share $0.22 from continuing operations

1 Min Read

March 2 (Reuters) - Marvell Technology Group Ltd:

* Marvell Technology Group Ltd. reports fourth quarter and fiscal year 2017 financial results

* Q4 GAAP loss per share $0.15 from continuing operations

* Q4 revenue $571 million versus I/B/E/S view $567.6 million

* Q4 earnings per share view $0.19 -- Thomson Reuters I/B/E/S

* Q4 non-GAAP earnings per share $0.22 from continuing operations

* Sees Q1 2018 non-GAAP earnings per share $0.19 to $0.23 from continuing operations

* Sees Q1 2018 GAAP earnings per share $0.12 to $0.18 from continuing operations

* Sees Q1 revenue about $570 million, plus or minus 2 percent

* GAAP and non-GAAP gross margins are expected to be approximately 59% in Q1 2018

* Q1 earnings per share view $0.17, revenue view $545.5 million -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below