MRVL Down After Q4 Earnings

Posted on Sunday 26 February 2006



MRVL traded down just under 1% on Friday in heavy trading (14.3 million shares traded versus normal daily average of 4.89 million shares) after reporting their Q4 results. The company earned 42 cents per share on sales of $489 million, compared to analyst expectations of 41 cents per share on sales of $485.8 million dollars. The company also announced a 2 for 1 split, effective in July sometime. MRVL has a 52 week high of $73.67.



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