04:31 PM EST, 03/05/2025 (MT Newswires) -- Marvell Technology ( MRVL ) late Wednesday reported Fiscal Q4 non-GAAP net income of $0.60 per diluted share, up from $0.46 a year earlier.

Analysts polled by FactSet, on average, expected $0.59.

Revenue for the quarter ended Feb. 1 was $1.82 billion, compared with $1.43 billion a year earlier. Analysts expected $1.80 billion.

For fiscal Q1, the chipmaking infrastructure company is projecting non-GAAP EPS within $0.05 over or below $0.61 per share and revenue 5% either side of $1.88 billion.

Analysts are looking for $0.60 and $1.87 billion, respectively.

Marvell ( MRVL ) shares were down almost 16% in after-hours session.