Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2024 Financial Results

 

Quarterly Revenue Trend (Unaudited) (Continued)



Three Months Ended


% Change

Revenue by End Market

(In millions)

April 29,
2023


January 28,
2023


April 30,
2022


YoY


QoQ

Data center

$                             435.8


$                             497.6


$                             640.5


(32) %


(12) %

Enterprise networking

364.6


366.3


286.6


27 %


— %

Carrier infrastructure

289.9


275.4


252.0


15 %


5 %

Consumer

142.1


179.8


178.5


(20) %


(21) %

Automotive/industrial

89.3


99.4


89.3


— %


(10) %

Total Net Revenue

$                          1,321.7


$                          1,418.5


$                          1,446.9


(9) %


(7) %

 






Three Months Ended

Revenue by End Market

% of Total





April 29,
2023


January 28,
2023


April 30,
2022

Data center





33 %


35 %


44 %

Enterprise networking





27 %


26 %


20 %

Carrier infrastructure





22 %


19 %


18 %

Consumer





11 %


13 %


12 %

Automotive/industrial





7 %


7 %


6 %

Total Net Revenue





100 %


100 %


100 %


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