HighGravityDataMarvell Technology — Mar 5, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001835632-25-000051
Showing in the filing
Non-GAAP diluted net income per share
“$0.61 +/- $0.05 per share”
Period
Q1 FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 18
Revenue growth for Q1 FY2026
“over 60 percent year-over-year at the mid-point of guidance”
Revenue growth (year-over-year, at mid-point… for Q1 FY2026
“over 60 percent”
Net revenue for Q1 FY2026
“$1.875 billion +/- 5%”
GAAP gross margin for Q1 FY2026
“approximately 50.5%”
Non-GAAP gross margin for Q1 FY2026
“approximately 60%”
GAAP operating expenses for Q1 FY2026
“approximately $712 million”
Non-GAAP operating expenses for Q1 FY2026
“approximately $490 million”
Basic weighted-average shares outstanding for Q1 FY2026
“867 million”
Diluted weighted-average shares outstanding for Q1 FY2026
“880 million”
GAAP diluted net income per share for Q1 FY2026
“$0.19 +/- $0.05 per share”
Non-GAAP diluted net income per share for Q1 FY2026
“$0.61 +/- $0.05 per share”
Non-GAAP net revenue for FY2025
“$1,875 +/- 5%”
GAAP gross margin for FY2025
“~ 50.5%”
Non-GAAP gross margin for FY2025
“~ 60%”
Total GAAP operating expenses for FY2025
“~ $712”
Total non-GAAP operating expenses for FY2025
“~ $490”
GAAP diluted net income per share for FY2025
“$0.19 +/- $0.05”
Non-GAAP diluted net income per share for FY2025
“$0.61 +/- $0.05”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Basic weighted-average shares outstanding are expected to be 867 million. • Diluted weighted-average shares outstanding are expected to be 880 million. • GAAP diluted net income per share is expected to be $0.19 +/- $0.05 per share. • Non-GAAP diluted net income per share is expected to be $0.61 +/- $0.05 per share. GAAP diluted EPS is calculated using basic weighted-average shares outstanding when there is a GAAP net loss, and calculated using diluted weighted-average shares outstanding when there is a GAAP net income. Non-GAAP diluted EPS is calculated using diluted weighted-average shares outstanding. Conference Call Marvell will conduct a conference call on Wednesday, March 5, 2025 at 1:45 p.m. Pacific Time to discuss results for the fourth quarter and fiscal year 2025. Interested parties may join the conference call without operator assistance by registering and entering their phone number at https://emportal.ink/4h8OI7Q to receive an instant automated call back. To join the call with operator assistance, please dial 1-800-836-8184 or 1-646-357-8785. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-888-660-6345 or 1-646-517-4150, passcode 19355# until Wednesday, March 12, 2025. Discussion of Non-GAAP Financial Measures Non-GAAP financial measures exclude the effect of stock-based compensation expense, amortization of acquired intangible assets, acquisition and divesti
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.