Revenue: Fourth-quarter revenue increased 14.3% sequentially; full-year 2024 revenue increased 30% in USD terms to USD90 billion. Gross Margin: Increased by 1.2 percentage points sequentially to 59% in Q4 2024; full-year 2024 gross margin was 56.1%. Operating Margin: Increased by 1.5 percentage points sequentially to 49% in Q4 2024; full-year 2024 operating margin was 45.7%.
An old joke has a chief executive asking his accountant how much the company earned in the latest quarter. How much did you want it to be? the accountant replies. There’s always a bit of judgment that goes into financial figures. I’m a fan of GAAP earnings profits measured by generally accepted accounting principles. But
Marvell Technology Inc. (NASDAQ:MRVL) has experienced significant volatility in the stock market. Over the past three years, its share price has fluctuated widely, ranging from $36 to $89. Recently, it plunged nearly 11.40% following the announcement of first-quarter guidance that fell short of expectations. Despite this recent drop, I believe Marvell remains significantly overvalued. Growing