Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2025 Financial Results

 

Quarterly Revenue Trend (Unaudited) (Continued) 



Three Months Ended


% Change

Revenue by End Market

(In millions)

May 4,
2024


February 3,
2024


April 29,
2023


YoY


QoQ

Data center

$                             816.4


$                             765.3


$                             435.8


87 %


7 %

Enterprise networking

153.1


265.0


364.6


(58) %


(42) %

Carrier infrastructure

71.8


170.0


289.9


(75) %


(58) %

Consumer

42.0


143.9


142.1


(70) %


(71) %

Automotive/industrial

77.6


82.3


89.3


(13) %


(6) %

Total Net Revenue

$                          1,160.9


$                          1,426.5


$                          1,321.7


(12) %


(19) %

 






Three Months Ended

Revenue by End Market

% of Total





May 4,
2024


February 3,
2024


April 29,
2023

Data center





70 %


54 %


33 %

Enterprise networking





13 %


19 %


27 %

Carrier infrastructure





6 %


12 %


22 %

Consumer





4 %


10 %


11 %

Automotive/industrial





7 %


5 %


7 %

Total Net Revenue





100 %


100 %


100 %


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