Why Jim Cramer Warns Not to Buy Marvell Here

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Marvell  (MRVL) - Get Report reported quarterly earnings of 29 cents per share on revenue of $798 million. Marvell was expected to earn 29 cents per share on revenue of $786 million, according to analysts polled by FactSet.

"We delivered outstanding fiscal year 2021 performance, with robust revenue growth of 10%, led by our networking business which grew 22% driven by strong 5G and Cloud product ramps," said Matt Murphy, Marvell's CEO.

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