MRVL Q1 2020 Earnings — Marvell Technology, Inc. Revenue & Financial Results | Market Cap Arena

MRVLMarvell Technology, Inc.

$79B

Q1 2020 Earnings

Technology Semiconductors

Income Statement

Revenue

$662M+9.6% YoY

Gross Profit

$361M54.6% margin

Operating Income

-$15M-2.3% margin

Net Income

-$48M-7.3% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

-11.1%

Cash Flow

Operating Cash Flow

$166M

Free Cash Flow

$145M

Stock-Based Comp.

$59M

Balance Sheet

Total Assets

$10.0B

Total Liabilities

$2.8B

Stockholders' Equity

$7.2B

Cash & Equivalents

$572M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$662M	$605M	+9.6%
Gross Profit	$361M	$376M	-3.8%
Operating Income	-$15M	$127M	-112.2%
Net Income	-$48M	$129M	-137.7%

Revenue Segments

Networking Product Group

$536M75%

Storage Product Group

$137M19%

Other Product Group

$44M6%

Geographic Segments

CHINA

$281M39%

Other Countries

$187M26%

MALAYSIA

$73M10%

UNITED STATES

$68M10%

THAILAND

$61M8%

PHILIPPINES

$47M7%