In its first quarter 2025 financial report, Marvell Technology disclosed a revenue of US$1.16 billion, marking a 12% decrease from the same period in 2024. The company also posted a net loss of US$215.6 million, representing a 28% increase from the previous year’s loss per share of US$0.20.
Marvell Technology’s earnings per share fell short of analyst expectations by 13%, despite revenue being on par with forecasts. Despite this, the company projects an average annual revenue growth rate of 16% over the next three years, which is slightly lower than the industry average growth forecast for semiconductor companies in the US at 17%.
However, recent data suggests that the American semiconductor industry as a whole has experienced a decline, with Marvell Technology’s shares dropping by 15% in just one week. This presents investors with some level of risk to consider before making any investment decisions.
It is important to note that Simply Wall St provides unbiased analysis based on historical data and analyst forecasts, but it should not be considered as financial advice. Therefore, it is advisable to conduct further research or seek professional advice before making any investment decisions.
