Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Quarterly Revenue Trend (Unaudited) (Continued)



Three Months Ended


% Change

Revenue by End Market

(In millions)

February 3,
2024


October 28,
2023


January 28,
2023


YoY


QoQ

Data center

$                             765.3


$                             555.8


$                             497.6


54 %


38 %

Enterprise networking

265.0


271.1


366.3


(28) %


(2) %

Carrier infrastructure

170.0


316.5


275.4


(38) %


(46) %

Consumer

143.9


168.7


179.8


(20) %


(15) %

Automotive/industrial

82.3


106.5


99.4


(17) %


(23) %

Total Net Revenue

$                          1,426.5


$                          1,418.6


$                          1,418.5


1 %


1 %

 






Three Months Ended

Revenue by End Market % of
Total





February 3,
2024


October 28,
2023


January 28,
2023

Data center





54 %


39 %


35 %

Enterprise networking





19 %


19 %


26 %

Carrier infrastructure





12 %


22 %


19 %

Consumer





10 %


12 %


13 %

Automotive/industrial





5 %


8 %


7 %

Total Net Revenue





100 %


100 %


100 %


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