Marvell Technology Inc (OQ:MRVL)

Sector:  Technology Industry:  Semiconductors
 
See Regulatory Filings on SEC
Company Contact
Address: 1000 N. West Street, Suite 1200
WILMINGTON DE 19801
Tel: 1-408-2220777
Website: https://www.marvell.com
IR: See website
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Key People
Matthew J. Murphy
Chairman of the Board, President, Chief Executive Officer
Mitchell L. Gaynor
Chief Administrative Officer
Willem Meintjes
Chief Financial Officer
Raghib Hussain
President - Products and Technologies
Christopher R. Koopmans
Chief Operations Officer
Dean E. Jarnac
Executive Vice President - Worldwide Sales
Daniel W. Christman
Executive Vice President - Storage Products Group
Loi Nguyen
Executive Vice President - Optical and Copper Connectivity Group
Nariman Yousefi
Executive Vice President - Automotive, Coherent DSP and Switch Group
Pani Dixon
Chief Accounting Officer
   
Business Overview
Marvell Technology, Inc., through its subsidiaries, is a supplier of data infrastructure semiconductor solutions. The Company is engaged in the design, development, and sale of integrated circuits. Its product solutions serve five end markets, such as data center, enterprise networking, carrier infrastructure, consumer, and automotive/industrial. The Company's product offerings include custom application-specific integrated circuits (ASICs), electro-optics, Ethernet solutions, fiber channel adapters, processors, and storage controllers. It develops custom system-on-a-chip (SoC) solutions tailored to individual customer specifications. Its electro-optical products include pulse amplitude modulation (PAM) and coherent digital signal processors (DSPs), laser drivers, trans-impedance amplifiers (TIAs), silicon photonics and data center interconnect (DCI) solutions. It offers a portfolio of Ethernet solutions spanning controllers, network adapters, physical transceivers, and switches.
Financial Overview
For the fiscal year ended 03 February 2024, Marvell Technology Inc revenues decreased 7% to $5.51B. Net loss increased from $163.5M to $933.4M. Revenues reflect Malaysia segment decrease of 43% to $222.6M, Taiwan segment decrease of 44% to $161.9M. Higher net loss reflects Restructuring related charges increase from $21.6M to $131.1M (expense), Selling, general and administrative increase of 15% to $684.4M (expense).
Employees: 6,511 as of Feb 3, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $59,713M as of Feb 3, 2024
Annual revenue (TTM): $5,508M as of Feb 3, 2024
EBITDA (TTM): $988.70M as of Feb 3, 2024
Net annual income (TTM): -$933.40M as of Feb 3, 2024
Free cash flow (TTM): $813.50M as of Feb 3, 2024
Net Debt Last Fiscal Year: $3,215M as of Feb 3, 2024
Shares outstanding: 866,000,000 as of Mar 6, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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