On December 4th, $Marvell Technology (MRVL.US)$ Announcing the performance for the third quarter of the 2025 fiscal year. After the performance announcement, the company's post-market trading of US stocks surged by nearly 10%.

The results show that the revenue in the third quarter was 1.52 billion dollars, exceeding the analyst consensus expectation of 1.46 billion dollars, a year-on-year increase of 6.84%; the eps was 0.43 dollars, higher than the analyst consensus expectation of 0.41 dollars, which was 0.41 dollars in the same period last year.

Looking ahead, Marvell Technology expects its momentum to continue, with fourth-quarter revenue projected at $1.8 billion (+/-5%), exceeding the market's general expectation of $1.65 billion.

Chairman and CEO of Marvell Technology, Matt Murphy, stated:

Driven by strong demand for artificial intelligence, Marvell's revenue in the third quarter of the 2025 fiscal year increased by 19% compared to the previous quarter, significantly surpassing our median expectation. We expect revenue to grow by 19% again in the fourth quarter, reaching the expected median. Compared to the same period last year, we anticipate a substantial acceleration in revenue growth to 26%, signaling Marvell's entry into a new growth era.

The outstanding performance in the third quarter and our strong forecast for the fourth quarter are mainly attributed to our customized artificial intelligence chip project, which is now in mass production. The continued strong demand from cloud customers for our market-leading interconnect products further enhances this growth momentum. We look forward to a strong finish to this fiscal year and anticipate maintaining strong momentum into the 2026 fiscal year.

Editor/Somer