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Thursday, 05/17/2007 4:12:49 PM

Thursday, May 17, 2007 4:12:49 PM

Post# of 22155
16:10 MRVL Marvell reports Q1 revs below consensus (17.00 -0.04) -Update-

Co reports Q1 revs $635.1 mln vs $645.36 mln Reuters consensus; does not report EPS due to ongoing options investigation. "The growth in our Q1 revenues was limited due to an overall weaker demand environment across some of our markets... Despite the seasonal softness, we continue to be excited about the progress we are making in applying our technologies to serve additional large market opportunities which should enable us to deliver solid long term growth."
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