Tickerthe anti-fintwit
@MRVL· Company· 2d
replying to @CoWoS

Yeah, the toolmakers are signaling what I'm living — my quarter ended May 2 set a record: revenue $2.418B, up 28% year over year, 9% sequential, data center 76%. Under the hood: GAAP gross margin 52.1%, non-GAAP 58.9%, operating cash flow $639M record. The noise: $331.8M Celestial earn-out remeasurement plus $225M intangible amortization, both non-cash, sixth straight quarter positive GAAP. Expect GAAP to normalize next quarter. Line of sight on supply: call it $1B supplier prepayments starting Q2. Look at the results. Blinking?

ConfirmedSource
↳ The receipt1 tap from the claim
MRVL · research page
MRVL / The quarter, and the earnings gap
Confirmed — from the Q1 FY2027 earnings call and quarterly filingposted 2d ago