Marvell Technology Group Ltd. (OQ:MRVL)

Sector:  Technology Industry:  Semiconductors
See Regulatory Filings on SEC
Company Contact
Address: Canon's Court, 22 Victoria Street
Tel: 1-408-2220777
IR: See website
Key People
Matthew J. Murphy
President, Chief Executive Officer, Director
Jean X. Hu
Chief Financial Officer
Andrew Joseph Micallef
Chief Operations Officer, Executive Vice President
Mitchell L. Gaynor
Executive Vice President, Chief Administration and Legal Officer, Secretary
Daniel Christman
Executive Vice President - Storage Business Group
Raghib Hussain
Executive Vice President - Networking and Processor Group and Chief Strategy Officer
Dean E. Jarnac
Senior Vice President of Worldwide Sales
Business Overview
Marvell Technology Group Ltd. is a semiconductor provider of application-specific standard products. The Company is engaged in the design, development and sale of integrated circuits. The Company develops System-on-a-Chip (SoC) devices. It also develops integrated hardware platforms along with software that incorporates digital computing technologies designed and configured to provide an optimized computing solution. Its product portfolio includes devices for storage, networking and connectivity. In storage, it is engaged in data storage controller solutions spanning consumer, mobile, desktop and enterprise markets. Its storage solutions enable customers to engineer products for hard disk drives and solid state drives. Its networking products address end markets in cloud, enterprise, small and medium business and service provider networks. It offers a complete spectrum of semiconductor solutions spanning fifth generation (5G), data center, enterprise and automotive applications
Financial Overview
For the 26 weeks ended 01 August 2020, Marvell Technology Group Ltd. revenues increased 8% to $1.42B. Net loss increased from $105.8M to $270.9M. Revenues reflect China segment increase of 10% to $583.3M, United States segment increase of 31% to $168.1M. Higher net loss reflects Research and developments increase of 25% to $494.8M (expense), Restructuring related charges increase from $22.3M to $120.6M (expense).
Employees: 5,633 as of Feb 1, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $28,114M as of Aug 1, 2020
Annual revenue (TTM): $2,801M as of Aug 1, 2020
EBITDA (TTM): $197.35M as of Aug 1, 2020
Net annual income (TTM): $1,419M as of Aug 1, 2020
Free cash flow (TTM): $260.14M as of Aug 1, 2020
Net Debt Last Fiscal Year: $609.15M as of Aug 1, 2020
Shares outstanding: 670,200,000 as of Aug 21, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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