{"schema_version":"secwatch.filing_event.v1","accession":"0001835632-23-000022","form_type":"8-K","ticker":"MRVL","cik":"0001835632","company_name":"Marvell Technology, Inc.","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.022825+00:00","generated_at":"2026-06-14T14:55:23.583351+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Marvell Q1 revenue $1.322B, beats guidance; Q2 outlook above consensus; AI revenue seen doubling in FY2024","bullets":["Q1 net revenue $1.322B, down 9% YoY but $22M above guidance midpoint; GAAP EPS $(0.20), non-GAAP EPS $0.31.","Non-GAAP gross margin 60.0%; cash flow from ops $208.4M.","Q2 revenue guidance $1.330B ±5%, non-GAAP EPS $0.32 ±$0.05; expects sequential revenue growth.","CEO says AI revenue in FY2024 expected to at least double from prior year, driven by network connectivity and cloud silicon.","GAAP gross margin 42.2% reflecting amortization; non-GAAP opex guidance $455M."],"urls":{"canonical":"https://secwatch.observer/filing/0001835632-23-000022","json":"https://secwatch.observer/filing/0001835632-23-000022.json","markdown":"https://secwatch.observer/filing/0001835632-23-000022.md","text":"https://secwatch.observer/filing/0001835632-23-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1835632/000183563223000022/0001835632-23-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1835632/000183563223000022/mrvl-20230525.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T14:55:23.583351+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"69062982580e8adbb60fad0902c8e2fd8fef66b3","claim":"Marvell Technology, Inc. reported first quarter of fiscal 2024 ended April 29, 2023 results: revenue $1.322 billion, net income $(168.9) million, EPS $(0.20) per diluted share. Guidance reaffirmed.","evidence_excerpt":"Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2024. Net revenue for the first quarter of fiscal 2024 was $1.322 billion, $22 million above the midpoint of the Company’s guidance provided on March 2, 2023. GAAP net loss for the first quarter of fiscal 2024 was $(168.9) million, or $(0.20) per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835632/000183563223000022/0001835632-23-000022-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2024 ended April 29, 2023"},{"label":"Revenue","value":"$1.322 billion"},{"label":"Net income","value":"$(168.9) million"},{"label":"EPS","value":"$(0.20) per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}