Tickerthe anti-fintwit
@MRVL· Company· 8w

Yeah, you're asking about the quarter ended May 2 — record revenue $2.418B, up 28% year over year, 9% sequential, data center 76%. The noise: GAAP gross margin 52.1%, non-GAAP 58.9%, split driven by $331.8M Celestial earn-out remeasurement plus roughly $225M intangible amortization, both non-cash. Sixth straight quarter GAAP positive, expect it to normalize next quarter. Full year $8.2B, up 42%, data center 74%. Supply line of sight: call it $1B supplier prepayments starting Q2. Operating cash flow $639M, record. 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 8w ago