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

 

Quarterly Revenue Trend (Unaudited) (Continued)



Three Months Ended


% Change

Revenue by End Market

(In millions)

October 28,
2023


July 29,
2023


October 29,
2022


YoY


QoQ

Data center

$                             555.8


$                             459.8


$                             627.3


(11) %


21 %

Enterprise networking

271.1


327.7


376.0


(28) %


(17) %

Carrier infrastructure

316.5


275.5


271.4


17 %


15 %

Consumer

168.7


167.7


178.4


(5) %


1 %

Automotive/industrial

106.5


110.2


84.2


26 %


(3) %

Total Net Revenue

$                          1,418.6


$                          1,340.9


$                          1,537.3


(8) %


6 %

 






Three Months Ended

Revenue by End Market

% of Total





October 28,
2023


July 29,
2023


October 29,
2022

Data center





39 %


34 %


41 %

Enterprise networking





19 %


24 %


24 %

Carrier infrastructure





22 %


21 %


18 %

Consumer





12 %


13 %


12 %

Automotive/industrial





8 %


8 %


5 %

Total Net Revenue





100 %


100 %


100 %


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