Marvell Technology Shares Surge After Q3 Results Beat Estimates

Marvell Technology, Inc. (MRVL +13.7%) witnessed a significant pre-market rise as the company surpassed third-quarter financial expectations and provided robust fourth-quarter guidance. Earnings: Marvell posted earnings of $0.43 per share, surpassing analysts’ estimates of $0.41. Revenue: Quarterly revenue reached $1.52 billion, exceeding the $1.46 billion consensus and improving from $1.42 billion in the same period…

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