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$MRVL Q4 '24 Earnings Results & Recap
Marvell's Q4 non-GAAP EPS of $0.60 surpassed the estimated $0.59, and revenue of $1.817 billion exceeded the estimated $1.8 billion; sequential revenue growth accelerated to 20%, though unverifiable inventory increases raise potential concerns. The company projects approximately 61% year-over-year revenue growth in Q1 at the guidance midpoint, driven by continued strong growth in AI.2
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