04:18 PM EDT, 05/29/2025 (MT Newswires) -- Marvell Technology ( MRVL ) reported fiscal Q1 non-GAAP earnings late Thursday of $0.62 per diluted share, up from $0.24 a year earlier.

Analysts polled by FactSet expected $0.61.

Revenue for the quarter ended May 3 was $1.90 billion, up from $1.16 billion a year earlier.

Analysts surveyed by FactSet expected $1.88 billion.

The company expects fiscal Q2 non-GAAP EPS guidance of $0.62 to $0.72 on revenue of $2 billion, plus or minus 5%. Analysts expect EPS of $0.66 on revenue of $1.98 billion.

Shares of Marvell Technology ( MRVL ) were down 2.7% in after-hours trading.