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

 

Quarterly Revenue Trend (Unaudited) (Continued)



Three Months Ended


% Change

Revenue by End Market

(In millions)

July 29,
2023


April 29,
2023


July 30,
2022


YoY


QoQ

Data center

$                             459.8


$                             435.8


$                             643.4


(29) %


6 %

Enterprise networking

327.7


364.6


340.3


(4) %


(10) %

Carrier infrastructure

275.5


289.9


285.2


(3) %


(5) %

Consumer

167.7


142.1


164.4


2 %


18 %

Automotive/industrial

110.2


89.3


83.6


32 %


23 %

Total Net Revenue

$                          1,340.9


$                          1,321.7


$                          1,516.9


(12) %


1 %

 






Three Months Ended

Revenue by End Market

% of Total





July 29,
2023


April 29,
2023


July 30,
2022

Data center





34 %


33 %


42 %

Enterprise networking





24 %


27 %


22 %

Carrier infrastructure





21 %


22 %


19 %

Consumer





13 %


11 %


11 %

Automotive/industrial





8 %


7 %


6 %

Total Net Revenue





100 %


100 %


100 %


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