$Marvell Technology(MRVL)$ reported better-than-expected Q1 2025 earnings, with adjusted EPS of $0.62 (vs. $0.61 estimates) and revenue of $1.90 billion (vs. $1.88B estimates). Despite this beat, shares fell 1.33% to $63.73 as of May 30, 2025, extending a 44.77% decline over the past three months. Below, we unpack the market’s reaction and why investors should maintain perspective. Key Positives from the Earnings Report AI & Data Center Strength : Data center revenue surged 87% YoY , driven by demand for electro-optics and custom AI compute solutions. Marvell is shipping next-gen 1.6T solutions for AI deployments and sees strong interest in 800-gig products. Margin Improvement: Non-GAAP gross margin improved to 59.8% , up from
Marvell Technology Q1 Financial Results and Future Outlook
Marvell Technology reported strong financial results for Q1, with a net income of USD 177.9 million and adjusted EPS of USD 0.62. The revenue for the quarter reached USD 1,895.3 million, surpassing the IBES estimate of USD 1,879 million. Additionally, the gross margin was reported at 50.3%. The company also provided a positive outlook for Q2, expecting revenue of USD 2,000 million with a gross margin between 50-51%. Despite the strong results, Marvell Technology's stock slipped after the Q1 results were announced. Investors and stakeholders can review the details to assess the company's financial health and future prospects.