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Cavium Inc (CAVM.OQ)

CAVM.OQ on NASDAQ Stock Exchange Global Select Market

89.95USD
18 Jan 2018
Change (% chg)

$0.33 (+0.37%)
Prev Close
$89.62
Open
$89.61
Day's High
$90.33
Day's Low
$89.61
Volume
138,318
Avg. Vol
412,743
52-wk High
$90.83
52-wk Low
$56.96

Latest Key Developments (Source: Significant Developments)

Marvell Technology Group Reports Q3 GAAP Earnings Per Share $0.30 From Continuing Operations
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - Marvell Technology Group Ltd :: REPORTS THIRD QUARTER OF FISCAL YEAR 2018 FINANCIAL RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.34 FROM CONTINUING OPERATIONS.Q3 GAAP EARNINGS PER SHARE $0.30 FROM CONTINUING OPERATIONS.Q3 REVENUE $616 MILLION VERSUS I/B/E/S VIEW $613.3 MILLION.Q3 EARNINGS PER SHARE VIEW $0.33 -- THOMSON REUTERS I/B/E/S.SEES Q4 2018 NON-GAAP EARNINGS PER SHARE $0.29 TO $0.33 FROM CONTINUING OPERATIONS.SEES Q4 2018 GAAP EARNINGS PER SHARE $0.23 TO $0.29 FROM CONTINUING OPERATIONS.SEES Q4 2018 REVENUE $595 MILLION TO $625 MILLION.- SEES ‍Q4 2018 GAAP AND NON-GAAP GROSS MARGINS TO BE APPROXIMATELY 62%​.Q4 EARNINGS PER SHARE VIEW $0.27 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $590.2 MILLION -- THOMSON REUTERS I/B/E/S.- ‍TRANSACTION WITH CAVIUM IS EXPECTED TO CLOSE IN MID-CALENDAR 2018​.  Full Article

Marvell Technology says termination fee of $180 mln
Tuesday, 21 Nov 2017 

Nov 20 (Reuters) - Marvell Technology Group Ltd : :Marvell Technology says ‍merger agreement provides for termination fee of $180 million under certain conditions - SEC filing.  Full Article

Marvell Technology in advanced talks to combine with Cavium - WSJ
Saturday, 4 Nov 2017 

Nov 3 (Reuters) - :Marvell Technology Group in advanced talks to combine with Cavium- WSJ, citing sources‍​.  Full Article

Cavium reports Q3 loss per share of $0.09
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Cavium Inc :Cavium announces financial results for q3 2017.Q3 loss per share $0.09.Q3 revenue $252 million versus I/B/E/S view $250.1 million.Q3 non-GAAP earnings per share $0.76.Q3 earnings per share view $0.74 -- Thomson Reuters I/B/E/S.  Full Article

Cavium enters into a credit agreement
Tuesday, 16 Aug 2016 

Cavium Inc : Entered into a credit agreement - SEC filing . Credit agreement provides for a $700.0 million six-year term B loan facility .Credit agreement provides for a $50.0 million interim term loan that matures on February 15, 2017.  Full Article

Cavium Q2 non-GAAP earnings per share $0.29
Wednesday, 27 Jul 2016 

Cavium Inc : Q2 revenue $107.2 million versus i/b/e/s view $106.7 million . Cavium announces financial results for Q2 2016 . Q2 non-gaap earnings per share $0.29 . Q2 loss per share $0.13 .Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.  Full Article

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Mellanox shares jump 11 percent after Starboard stake purchase

JERUSALEM Israeli chip maker Mellanox Technologies saw its shares surge on the Nasdaq on Tuesday after activist hedge fund Starboard Value LP bought a 10.7 percent stake to influence strategy.