MRVL Q2 2020 Earnings — Marvell Technology, Inc. Revenue & Financial Results | Market Cap Arena

MRVLMarvell Technology, Inc.

$79B

Q2 2020 Earnings

Technology Semiconductors

Income Statement

Revenue

$657M-1.3% YoY

Gross Profit

$351M53.4% margin

Operating Income

-$30M-4.5% margin

Net Income

-$57M-8.7% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$73M

Free Cash Flow

$50M

Stock-Based Comp.

$64M

Balance Sheet

Total Assets

$10.0B

Total Liabilities

$2.8B

Stockholders' Equity

$7.2B

Cash & Equivalents

$573M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$657M	$665M	-1.3%
Gross Profit	$351M	$377M	-7.0%
Operating Income	-$30M	$55M	-153.6%
Net Income	-$57M	$7M	-948.2%

Revenue Segments

Networking Product Group

$394M57%

Storage Product Group

$259M37%

Other Product Group

$41M6%

Geographic Segments

CHINA

$280M40%

Other Countries

$137M20%

UNITED STATES

$81M12%

THAILAND

$68M10%

MALAYSIA

$65M9%

SINGAPORE

$39M6%

PHILIPPINES

$25M4%