$MRVL beat across the board โ yet shares fell more than 7% after hours.
Q2 FY2027 revenue reached $2.74B, +37% YoY, with data center revenue at $2.17B and EPS at $0.94, all slightly ahead of consensus. Next-quarter guidance also came in above expectations.
But the market didn't get the answer it wanted: details on Marvell's new Google partnership. Management pushed that discussion to its Oct. 6 Investor Day.
For $MRVL, the question has moved beyond the quarterly beat: how big can Google become for the long-term growth story?
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