Similar companies
| Company | Revenue | |
|---|---|---|
 |
Analog DevicesADI |
2.31B 11.1% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.27B | 14.5% |
| Gross Profit | 588M | 11.3% |
| Cost of Revenue | 1.16B | 1% |
| Operating expense | 964M | 5.3% |
| Net Income | -193M | 10.3% |
| EBITDA | 176M | 6.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 20.3B | 1% |
| Total Liabilities | 6.09B | 1.3% |
| Total Equity | 14.2B | 1.9% |
| Shares Outstanding | 866M | 0.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 306M | 5.6% |
| Cash from investing | -53M | 48% |
| Cash from financing | -292M | 10.2% |
EPS
Financial Highlights for Marvell Technology in Q3 '24
Marvell Technology reported a revenue of 1.27B, which is a 14.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 588M, marking a 11.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.16B, a -1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 964M, showing a -5.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -193M, showing a 10.3% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 176M, showing a -6.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Marvell Technology with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.
