Marvell Technology — The chip company sank more than 11% on light first-quarter earnings and revenue guidance.
Marvell Technology said it anticipated adjusted earnings of 23 cents per share for the first quarter, below the 40 cents expected by analysts polled by LSEG, formerly known as Refinitiv.
Samsara posted $276 million in revenue, compared to analysts' expectations for $258 million, per LSEG.
DocuSign reported adjusted earnings of 76 cents per share on revenue of $712 million for the period.
Analysts polled by LSEG had called for earnings of 64 cents per share on $699 million in revenue.
Persons:
Carvana, Eli Lilly —, Goldman Sachs, MongoDB, NYCB, DocuSign, LSEG, Morgan Stanley, Yun Li, Jesse Pound, Pia Singh, Sarah Min, Michelle Fox, Hakyung Kim
Organizations:
Nvidia —, Nvidia, Marvell Technology, LSEG, RBC Capital Markets, Costco, U.S . Food, Drug Administration, Broadcom, Textron — Textron, Bank of America, Old Navy, New York Community Bancorp, Moody's Investors Service, Amylyx Pharmaceuticals, UBS — U.S, UBS, Auto, Deutsche Bank
Locations:
U.S, Swiss, China