Marvell Technology Group Ltd. Reports First Quarter of Fiscal Year 2019 Financial Results

 

Quarterly Revenue Trend (Unaudited)

(In thousands)





Three Months Ended


% Change


May 5, 2018


February 3, 2018


April 29, 2017


YoY


QoQ

Storage (1)

$

317,069



$

323,718



$

303,808



4

%


(2)

%

Networking (2)

153,734



155,340



144,815



6

%


(1)

%

Connectivity (3)

90,494



86,271



76,091



19

%


5

%

   Total Core

561,297



565,329



524,714



7

%


(1)

%

Other (4)

43,334



50,080



47,995



(10)

%


(13)

%

Total Revenue

$

604,631



$

615,409



$

572,709



6

%


(2)

%

 


Three Months Ended

% of Total

May 5, 2018


February 3, 2018


April 29, 2017

Storage (1)

52

%


53

%


53

%

Networking (2)

26

%


25

%


25

%

Connectivity (3)

15

%


14

%


13

%

   Total Core

93

%


92

%


91

%

Other (4)

7

%


8

%


9

%

Total Revenue

100

%


100

%


100

%


(1) Storage products are comprised primarily of HDD, SSD Controllers and Data Center Storage Solutions.


(2) Networking products are comprised primarily of Ethernet Switches, Ethernet Transceivers, Embedded ARM Processors and Automotive Ethernet, as well as a few legacy product lines in which we no longer invest, but will generate revenue for several years.


(3) Connectivity products are comprised primarily of WiFi solutions including WiFi only, WiFi/Bluetooth combos and WiFi Microcontroller combos.


(4) Other products are comprised primarily of Printer Solutions, Application Processors and others.


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