Marvell appoints Dan Durn as CFO
Dan Durn succeeds Willem Meintjes, who remains in an advisory capacity through April 2027.
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Data infrastructure technology provider
marvell.comLast updated
In short: Marvell joined the S&P 500, reported record Q1 revenue of $2.418B, and appointed former Adobe executive Dan Durn as its new CFO.
Dan Durn succeeds Willem Meintjes, who remains in an advisory capacity through April 2027.
The Teralynx T100 delivers 25% lower power and lowest latency, with sampling starting this quarter.
GAAP net income was $34.5M, non-GAAP $718M. The company completed acquisitions of Celestial AI and XConn.
The Structera S switch flattens scale-up networks, reducing complexity and latency for AI data centers.
The stock price is reflecting the increase in business.
Marvell's growth trajectory remains solid. It will continue to benefit from AI infrastructure spending and strong bookings.
Marvell Technology Inc. MRVL and Flex Ltd. FLEX have already enjoyed strong runs this year. But another catalyst could be just days away. • Marvell...
Nvidia CEO Jensen Huang recently highlighted Marvell Technology (NasdaqGS:MRVL) as a potential next trillion-dollar company. Nvidia has expanded its partnership with Marvell around optical interconnects...
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