Benzinga | Dec 2, 2021 04:08PM EST

Marvell Technology Group Q3 EPS $0.43 Beats $0.38 Estimate, Sales $1.21B Beat $1.15B Estimate

Marvell Technology Group (NASDAQ:MRVL) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.38 by 13.16 percent. This is a 72 percent increase over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $1.21 billion which beat the analyst consensus estimate of $1.15 billion by 5.30 percent. This is a 61.44 percent increase over sales of $750.14 million the same period last year.