Report
Abhinav Davuluri
EUR 101.80 For Business Accounts Only

Marvell Continues to Exhibit Stabilization in its Core Segments; But Long-Term Growth Won't Be Easy

Marvell reported solid fiscal second-quarter results that were slightly ahead of our expectations, thanks to broad-based revenue strength and ongoing restructuring efforts that have bolstered margins. While key customers Western Digital and Seagate Technology recently expressed concerns about excess hard-disk drive inventory, Marvell recorded modest growth in its storage segment, thanks to its solid-state drive controllers that benefited from a positive mix-shift to enterprise and data center SS...
Underlying
Marvell Technology Group Ltd.

Marvell Technology Group is a semiconductor provider of application-specific products. The company is focused on the development of System-on-a-Chip devices, utilizing its technology portfolio of intellectual property in the areas of analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. The company develops integrated hardware platforms along with software that incorporates digital computing technologies. In storage, the company is engaged in fibre channel products and data storage controller solutions spanning cloud, enterprise, edge and personal computing markets. The company's networking products include ethernet solutions, embedded processors and WiFi connectivity solutions.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Abhinav Davuluri

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