- Marvell reported record Q2 FY27 revenue of $2.739 billion, up 37% year over year, with non-GAAP diluted EPS of $0.94.
- Data Center revenue grew 46% year over year on exceptionally robust AI-related bookings, prompting Marvell to raise its FY27 and FY28 revenue outlooks.
- Marvell guided to Q3 revenue of $3.150 billion plus or minus 5% and non-GAAP diluted EPS of $1.10 plus or minus $0.05; shares fell in extended trading despite the beat.