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Marvell Technology

67.19

-2.4500-3.52%

Pre-market: 68.341.15+1.71%07:12 EDT

Volume:14.16M

Turnover:959.24M

Market Cap:57.93B

PE:-118.31

High:68.97

Open:68.06

Low:66.97

Close:69.64

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Overview Company News Filings

BUZZ - Nasdaq top and bottom performing stocks at about 11:01 a.m. EST on 2025-03-07

Stock Track | Marvell Technology Plummets 5.01% as Weak Guidance Disappoints Investors

Nasdaq Enters Correction: 5 Bargain Stocks in the ETF

Broadcom Earnings Boost Chip Stocks

Tiger Newspress

Pre-Bell｜U.S. Futures Rise; Alibaba Gains 2%; Broadcom Jumps 11%; HPE Sinks 18%; Intuitive Machines Plunges 35%

Tiger Newspress

U.S. Stocks to Watch: Broadcom, Chinese ADRs, Marvell, Costco, Intuitive Machines, Gap, Walgreens, and More

Nvidia up 1.5%, Arm Holdings up 2.4%, U.S.-Listed Shares of Taiwan Semiconductor up 2%, Marvell Technology up 1.4%, Palantir up 2%

THOMSON REUTERS

AI Stocks Rise Premarket After Broadcom's Solid Forecast

THOMSON REUTERS

What's at Stake as Trump Looks to Scrap the Chips Act

Marvell Technology’s Earnings Call Highlights Robust Growth

Nvidia Stock Falls Nearly 6% into a Correction. Marvell Tumbles 20%, SOXL Sinks 12%, Micron Drops 5%

QUOTES-Wall Street sells off as tariff policy, tech concerns mount

US Equity Indexes Sink as Tariffs Jawboning Fails to Arrest Capital Flight

MT Newswires Live

Marvell's Stock Just Crashed 17%--Here's the Real Reason Behind the Market's Brutal Reaction

Top Midday Stories: Marvell Shares Fall Despite Q4 Earnings Beat; Alibaba Launches AI Reasoning Model

MT Newswires Live

Why Marvell Technology Stock Is Plummeting Today

Marvell Offers Buying Opportunity With Positive Outlook, Deutsche Bank Says

MT Newswires Live

Marvell Dashes High Hopes. Could Broadcom Be Next? Heard on the Street -- WSJ

BUZZ-U.S. STOCKS ON THE MOVE-CoreCivic, Teladoc, Dynavax

Marvell Shares Fall After Outlook Disappoints

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Read on for the main highlights of the call. In a recent earnings call, Marvell T...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/marvell-technologys-earnings-call-highlights-robust-growth?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/marvell-technologys-earnings-call-highlights-robust-growth?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MRVL"],"gpt_icon":0},{"id":"2517995111","title":"Nvidia Stock Falls Nearly 6% into a Correction. Marvell Tumbles 20%, SOXL Sinks 12%, Micron Drops 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=2517995111","media":"Quartz","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517995111?lang=en_us&edition=fundamental","pubTime":"2025-03-07 07:12","pubTimestamp":1741302757,"startTime":"0","endTime":"0","summary":"$Nvidia (NVDA)$ stock fell 5.7% on Thursday, bringing its decline this year to more than 17% amid concerns about declines in spending on AI, amid a general selloff in that took the tech-centered Nasda","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://qz.com/nvidia-falls-correction-nasdaq-bleeds-tariff-war-1851768225","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Nvidia Leads Chip Stock Selloff Amid AI and Trade Concerns","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"lsy1699500595910","symbols":["STM","MU","AVGO","TSM","INTC","ASML","UMC","LU1934455277.USD","LU2065171311.SGD","MRVL","IE00BYV24P56.USD","GFS","AMD","BK4512","ON","ARM","NXPI","TXN","QCOM","SMCI","UCTT","LU2413666426.HKD","AMAT","ALGM","LU0342679015.USD","NVDA","SOX","MCHP","BK4549"],"gpt_icon":1},{"id":"2517194281","title":"QUOTES-Wall Street sells off as tariff policy, tech concerns mount","url":"https://stock-news.laohu8.com/highlight/detail?id=2517194281","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517194281?lang=en_us&edition=fundamental","pubTime":"2025-03-07 03:39","pubTimestamp":1741289958,"startTime":"0","endTime":"0","summary":"NEW YORK, March 6 (Reuters) -","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"e5c43d65b893d390fb338910195c4df7","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250306:nL2N3PP109:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4581","LU2290526834.HKD","LU1119994496.HKD","LU2322448791.USD","LU2458330169.SGD","LU1992135472.HKD","LU0786609619.USD","LU2244417387.USD","IE00BMPRXR70.SGD","BK4505","LU1261432733.SGD","SG9999000418.SGD","BK4605","BK4141","BK4588","LU1316542783.SGD","IE00BMPRXN33.USD","LU1861215975.USD","LU1992135399.USD","BK4543","LU2473716301.USD","LU0056508442.USD","LU2458330243.SGD","LU0642271901.SGD","LU2360107168.USD","LU2272731782.SGD","LU1852331112.SGD","LU0127658192.USD","BK4585","LU1861220033.SGD","LU2098885051.SGD","LU1989764664.SGD","LU0081259029.USD","LU1720051108.HKD","LU2357305700.SGD","MRVL","LU1084165304.USD","LU1989764748.USD","BK4604","LU1169590202.USD","AMG","BK4135","LU1169589451.USD","LU1548497426.USD","LU2322448957.HKD","BK4515","LU1720051017.SGD","LU0187121727.USD","LU1303367103.USD","LU0061475181.USD"],"gpt_icon":1},{"id":"2517199614","title":"US Equity Indexes Sink as Tariffs Jawboning Fails to Arrest Capital Flight","url":"https://stock-news.laohu8.com/highlight/detail?id=2517199614","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517199614?lang=en_us&edition=fundamental","pubTime":"2025-03-07 02:41","pubTimestamp":1741286483,"startTime":"0","endTime":"0","summary":"US equity indexes slumped Thursday, failing to immediately respond to Commerce Secretary Howard Lutnick's jawboning amid a perceived capital flight into Europe and Asia.The Nasdaq Composite slumped 2.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"0c20b712a28454b0fa25d7a9dd27ac94","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4585","LU1316542783.SGD","LU2272731782.SGD","LU2458330169.SGD","DDM","UDOW","SDOW","LU1992135472.HKD","IE00BMPRXN33.USD","EQR","LU0187121727.USD","LU2272731600.USD","BK4588","DJX","LU2244417387.USD","MDB","LU1852331112.SGD","LU1119994496.HKD","LU0642271901.SGD","LU1261432733.SGD","LU1861215975.USD","LU2087625088.SGD","LU0353189763.USD","LU1989764748.USD","NQmain","LU2098885051.SGD","DXD","LU0082616367.USD","SG9999000418.SGD","LU1169590202.USD",".DJI","LU1084165304.USD","BK4515","IE00BMPRXR70.SGD","BK4116","MRVL","LU0353189680.USD","LU0056508442.USD","LU0127658192.USD",".IXIC","LU2473716301.USD","LU1861220033.SGD","DOG","BK4607","LU2272731865.HKD",".SPX","BK4608","LU1992135399.USD","BK4604","LU0786609619.USD"],"gpt_icon":1},{"id":"2517195030","title":"Marvell's Stock Just Crashed 17%--Here's the Real Reason Behind the Market's Brutal Reaction","url":"https://stock-news.laohu8.com/highlight/detail?id=2517195030","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517195030?lang=en_us&edition=fundamental","pubTime":"2025-03-07 01:46","pubTimestamp":1741283187,"startTime":"0","endTime":"0","summary":"Marvell Technology  just posted solid Q4 numbers$1.817 billion in revenue, up 27% year-over-year, and earnings per share of $0.60, slightly ahead of estimates. The company's AI silicon programs have entered volume production, and its data center revenue surged 78% from last year. Management expects first-quarter revenue to jump over 60% year-over-year, signaling strong demand ahead. With design wins stacking up and interconnect products gaining traction, Marvell is positioning itself for a big fiscal 2026.GuruFocus has detected 4 Warning Signs with MRVL.But the market had other ideas. Shares tanked 17.3% at 11.47am, as investors expected more upside. Analysts were looking for a bigger beat, particularly from Amazon's Trainium AI chip orders, which came in line rather than exceeding expectations. Marvell stock, is now down 41% from its January high, reflecting the market's unforgiving stance on anything less than blowout results.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/marvells-stock-just-crashed-17-174627030.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1989764748.USD","LU2244417387.USD","LU0719512351.SGD","IE00BLSP4452.SGD","LU1861220033.SGD","LU1935042991.SGD","SG9999015952.SGD","LU0738911758.USD","LU1069344957.HKD","LU1551013425.SGD","LU2237443978.SGD","LU1037948541.HKD","LU2471134879.HKD","BK4554","IE0009356076.USD","LU2125154778.USD","LU2505996509.AUD","LU0979878070.USD","LU0011850046.USD","IE00B19Z9P08.USD","LU0353189680.USD","LU0082616367.USD","LU2133065610.SGD","LU0965509010.AUD","LU2108987350.USD","LU0942090050.USD","LU0943347566.SGD","LU1153585028.USD","LU0965508806.USD","SG9999003800.SGD","IE00BVYPNQ40.USD","BK4566","LU2602419157.SGD","LU1003077747.HKD","LU2322448791.USD","LU1861215975.USD","LU2237443549.SGD","LU0154236417.USD","LU0820561909.HKD","LU1303367103.USD","IE00BGHQDM52.EUR","LU2054465674.USD","LU1244550221.USD","LU0320765646.SGD","LU2471134523.USD","LU0957791311.USD","LU1670711123.USD","IE00BKVL7J92.USD","MRVL"],"gpt_icon":1},{"id":"2517167798","title":"Top Midday Stories: Marvell Shares Fall Despite Q4 Earnings Beat; Alibaba Launches AI Reasoning Model","url":"https://stock-news.laohu8.com/highlight/detail?id=2517167798","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517167798?lang=en_us&edition=fundamental","pubTime":"2025-03-07 00:37","pubTimestamp":1741279027,"startTime":"0","endTime":"0","summary":"All three major US stock indexes were down in late-morning trading Thursday, as investors waited for more information on President Donald Trump's tariffs.In company news, Marvell Technology (MRVL) lat","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["KR","MRVL"],"gpt_icon":1},{"id":"2517219340","title":"Why Marvell Technology Stock Is Plummeting Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2517219340","media":"Motley Fool","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517219340?lang=en_us&edition=fundamental","pubTime":"2025-03-07 00:36","pubTimestamp":1741278960,"startTime":"0","endTime":"0","summary":"Marvell stock is getting crushed after posting its Q4 results yesterday.Sales, earnings, and guidance actually beat the average Wall Street targets.But investors apparently wanted bigger performance beats in order to support the stock's valuation amid wider risk factors.Marvell's guidance also topped the average Wall Street forecast -- but apparently not by enough for investors today. The company guided for sales of about $1.875 billion, topping the average forecast of $1.87 billion. Management also expects that its adjusted gross margin will come in at roughly 60% for the period.By normal standards, Marvell's fourth quarter results and guidance were far from bad. But today's big sell-off highlights that the market is struggling with how to value growth-dependent tech stocks amid macroeconomic and geopolitical risks.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.fool.com/investing/2025/03/06/why-marvell-stock-is-plummeting-today/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"fool_stock","symbols":["LU1720051017.SGD","LU1548497426.USD","LU1852331112.SGD","LU2244417387.USD","LU2322448957.HKD","LU1303367103.USD","BK4588","LU2290526834.HKD","BK4604","LU0061475181.USD","LU2272731600.USD","LU1169590202.USD","LU2272731865.HKD","BK4581","BK4543","LU1169589451.USD","LU0154236417.USD","LU1992135399.USD","IE00BMPRXN33.USD","LU2360107168.USD","LU1084165304.USD","LU1989764664.SGD","LU2098885051.SGD","IE00BMPRXR70.SGD","LU0081259029.USD","LU2322448791.USD","LU1989764748.USD","LU0642271901.SGD","LU1119994496.HKD","BK4605","SG9999000418.SGD","LU0127658192.USD","BK4585","LU1316542783.SGD","LU0786609619.USD","LU1861215975.USD","LU0187121727.USD","LU2357305700.SGD","MRVL","LU1992135472.HKD","LU2458330169.SGD","LU0056508442.USD","LU1861220033.SGD","LU1720051108.HKD","LU2272731782.SGD","LU2473716301.USD","LU2458330243.SGD","LU1261432733.SGD","BK4515"],"gpt_icon":1},{"id":"2517164290","title":"Marvell Offers Buying Opportunity With Positive Outlook, Deutsche Bank Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2517164290","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517164290?lang=en_us&edition=fundamental","pubTime":"2025-03-06 23:54","pubTimestamp":1741276449,"startTime":"0","endTime":"0","summary":"Marvell Technology (MRVL) has a positive risk/reward outlook and represents a buying opportunity, given the share price drop after its fiscal Q4 results, Deutsche Bank said in a Thursday note.The comp","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0642271901.SGD","LU1989764748.USD","LU1084165304.USD","LU1261432733.SGD","BK4515","LU0081259029.USD","LU2322448957.HKD","LU2473716301.USD","LU1861215975.USD","LU2322448791.USD","IE00BMPRXR70.SGD","LU1720051017.SGD","DB","LU2272731782.SGD","BK4581","LU1303367103.USD","IE00BMPRXN33.USD","LU0154236417.USD","BK4585","BK4543","LU1989764664.SGD","LU1169590202.USD","LU1852331112.SGD","LU2360107168.USD","LU2458330169.SGD","BK4605","LU0127658192.USD","BK4141","LU2272731600.USD","LU2244417387.USD","LU1992135472.HKD","SG9999000418.SGD","LU1992135399.USD","LU1119994496.HKD","LU1169589451.USD","LU1861220033.SGD","LU2290526834.HKD","BK4604","LU1548497426.USD","MRVL","LU2272731865.HKD","LU0187121727.USD","BK4588","LU0061475181.USD","LU2357305700.SGD","LU0056508442.USD","LU0786609619.USD","LU2098885051.SGD","LU2458330243.SGD","LU1720051108.HKD"],"gpt_icon":1},{"id":"2517164710","title":"Marvell Dashes High Hopes. Could Broadcom Be Next? Heard on the Street -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2517164710","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517164710?lang=en_us&edition=fundamental","pubTime":"2025-03-06 23:54","pubTimestamp":1741276440,"startTime":"0","endTime":"0","summary":"The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it.Shares of Marvell Technology slid Thursday morning following its quarterly report. Revenue narrowly exceeded Wall Street's consensus, while the projection for this quarter was in line with expectations.Revenue from Marvell's crucial data center segment soared 78% on the year to nearly $1.4 billion. That too was only in line with expectations, and compared with a 6% beat in the company's last quarterly report.That last report saw Marvell's stock jump 23% in one day. Results from Broadcom a week later fueled that stock similarly.Both companies have developed fast-growing businesses building custom AI chips for tech giants such as Amazon and Google.Investors seeking the next Nvidia thus have flowed heavily into both stocks. Through Wednesday, Broadcom and Marvell were up 40% and 36%, respectively, for the last six months-sharply exceeding Nvidia's 10% rise.Those gains ar","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00BZ199S13.USD","LU0353189680.USD","LU0320765646.SGD","MRVL","NVDU","NVD2.UK","AVGOP","HK0000306701.USD","NVDS","NVDY","LU0553294199.USD","2NVD.UK","LU2244417387.USD","AVGO","LU2552382058.USD","LU1116320737.USD","LU2279689827.SGD","IE00B42XCP33.USD","LU2191332357.HKD","LU1917777945.USD","NVDS.UK","SNVD.UK","LU1162221912.USD","IE00BQXX3D17.EUR","LU1323610961.USD","LU0795875169.SGD","NVD3.UK","NVDD","HK0000320223.HKD","LU0949170772.SGD","IE00BZ9MQY76.HKD","BK4581","LU0823421416.USD","LU0868494617.USD","LU0234570918.USD","NVIW.SI","BK4575","LU2213496289.HKD","3NVD.UK","IE00BBT3K403.USD","LU1316542783.SGD","LU2272731782.SGD","LU2087625088.SGD","LU2087621335.USD","IE00BJTD4V19.USD","LU0823434583.USD"],"gpt_icon":1},{"id":"2517216456","title":"BUZZ-U.S. STOCKS ON THE MOVE-CoreCivic, Teladoc, Dynavax","url":"https://stock-news.laohu8.com/highlight/detail?id=2517216456","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517216456?lang=en_us&edition=fundamental","pubTime":"2025-03-06 23:41","pubTimestamp":1741275681,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-CoreCivic, Teladoc, DynavaxEikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https:","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250306:nL3N3PP1CU:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BTSG","LU2552382215.SGD","VSCO","BURL","LU1496350171.SGD","NEM","LEN","FCX","TDOC","CPB","ALGM","LU0820561818.USD","SCNX","LU0648001328.SGD","BK4543","LU1223082196.USD","IE00BJTD4N35.SGD","KR","LULU","CZR","LU2023250843.SGD","HUT","LU1267930573.SGD","SPRY","LU1699723380.USD","ZS","MDB","HTGC","PHM","IE00BJTD4V19.USD","KBH","LU1366192091.USD","CXW","MRVL","BAC","FAST","LU0149725797.USD","DVAX","IBRX","DHI","IE00BKVL7J92.USD","VG","MOS","BK4560"],"gpt_icon":1},{"id":"2517161013","title":"Marvell Shares Fall After Outlook Disappoints","url":"https://stock-news.laohu8.com/highlight/detail?id=2517161013","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517161013?lang=en_us&edition=fundamental","pubTime":"2025-03-06 23:31","pubTimestamp":1741275060,"startTime":"0","endTime":"0","summary":"Marvell Technology shares slid after the company's outlook showed its deal with Amazon isn't expected to boost earnings as much as many investors had hoped.The stock fell 18% to $74.11 Thursday morning. It has lost more than a third of its value in the past three months.Marvell, which makes semiconductors for data centers, posted an earnings outlook just ahead of expectations, but many investors were disappointed that its deal to provide chips to Amazon didn't boost guidance more, analysts said.Marvell's fourth-quarter revenue of $1.82 billion squeaked past Wall Street's estimate of $1.80 billion. It gave a mid-point guidance of $1.88 billion for first-quarter revenue, just ahead of the $1.87 billion expected by analysts, according to FactSet. And its adjusted earnings per share outlook of 61 cents was in line with Wall Street's expectations.\"The magnitude of this beat was likely disappointing for most,\" Susquehanna International Group analyst Christopher Rolland said in a note.In 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