MRVL Q3 2019 Earnings — Marvell Technology, Inc. Revenue & Financial Results | Market Cap Arena

MRVLMarvell Technology, Inc.

$79B

Q3 2019 Earnings

Technology Semiconductors

Income Statement

Revenue

$851M+38.1% YoY

Gross Profit

$384M45.1% margin

Operating Income

$17M2.0% margin

Net Income

-$54M-6.3% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+27.9%

Cash Flow

Operating Cash Flow

$299M

Free Cash Flow

$277M

Stock-Based Comp.

$50M

Balance Sheet

Total Assets

$10.2B

Total Liabilities

$2.7B

Stockholders' Equity

$7.6B

Cash & Equivalents

$610M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$851M	$616M	+38.1%
Gross Profit	$384M	$378M	+1.5%
Operating Income	$17M	$150M	-88.8%
Net Income	-$54M	$200M	-126.9%

Revenue Segments

Networking Product Group

$330M50%

Storage Product Group

$275M42%

Other Product Group

$52M8%

Geographic Segments

CHINA

$286M44%

Other Countries

$114M17%

THAILAND

$64M10%

PHILIPPINES

$60M9%

UNITED STATES

$56M8%

JAPAN

$41M6%

MALAYSIA

$36M5%