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Earnings Calls: 
Marvell Technology Fourth Quarter Earnings Call
Author: 123jump.com Staff
123jump.com
Last Update: 8:56 PM EDT March 13 2008


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The storage, communication and consumer silicon solutions provider posted net revenue for the year ended February 2, 2008 of $2,895 million, an increase of 29% compared with net revenue of $2,238 million for the year ended January 27, 2007. The increase was from sales of cellular and wireless communications products. The company is now on track to achieving better than $3 billion annual run rate and has Q1 fiscal 2009 revenues forecast range of $775 million to $785 million.


Investors Question and Answers

 
Sequential Earnings Growth | Quarterly Earnings by Year | Quarterly Earnings Growth by Year

Source: Company filings    Q1:April  Q2:July  Q3:October  Q4:January
 
Arnab Chanda (Deutsche Bank): Your gross margin is going up from first quarter to fourth quarter. How much of it is due to mix and how much is from the TSMC transaction?

Dr. Sehat Sutardja: It is across the board because we have been focused on improving deals across the board. In some of the new products we are focusing on features that take us in right future direction. We want to minimize on bloated designs and improve on testing.

George A. de Urioste: Our internal process has evolved where we now have heightened sensitivity for the review process.

Arnab Chanda (Deutsche Bank): When should we expect the eventual production related to the Phase III plan?

Dr. Sehat Sutardja: In 2009.

Arnab Chanda (Deutsche Bank): On the Ethernet side, it seems your main customer Intel is on the PC side gaining market share against competition. Is that going to be a benefit for you this year?

Dr. Sehat Sutardja: Our numbers reflect the expected benefit.
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