Edition:
United Kingdom

Cavium Inc (CAVM.OQ)

CAVM.OQ on NASDAQ Stock Exchange Global Select Market

84.65USD
13 Dec 2017
Change (% chg)

$-1.10 (-1.28%)
Prev Close
$85.75
Open
$85.96
Day's High
$86.42
Day's Low
$84.55
Volume
509,261
Avg. Vol
403,046
52-wk High
$88.95
52-wk Low
$56.96

Latest Key Developments (Source: Significant Developments)

Marvell Technology Group Reports Q3 GAAP Earnings Per Share $0.30 From Continuing Operations
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Marvell Technology Group Ltd :: REPORTS THIRD QUARTER OF FISCAL YEAR 2018 FINANCIAL RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.34 FROM CONTINUING OPERATIONS.Q3 GAAP EARNINGS PER SHARE $0.30 FROM CONTINUING OPERATIONS.Q3 REVENUE $616 MILLION VERSUS I/B/E/S VIEW $613.3 MILLION.Q3 EARNINGS PER SHARE VIEW $0.33 -- THOMSON REUTERS I/B/E/S.SEES Q4 2018 NON-GAAP EARNINGS PER SHARE $0.29 TO $0.33 FROM CONTINUING OPERATIONS.SEES Q4 2018 GAAP EARNINGS PER SHARE $0.23 TO $0.29 FROM CONTINUING OPERATIONS.SEES Q4 2018 REVENUE $595 MILLION TO $625 MILLION.- SEES ‍Q4 2018 GAAP AND NON-GAAP GROSS MARGINS TO BE APPROXIMATELY 62%​.Q4 EARNINGS PER SHARE VIEW $0.27 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $590.2 MILLION -- THOMSON REUTERS I/B/E/S.- ‍TRANSACTION WITH CAVIUM IS EXPECTED TO CLOSE IN MID-CALENDAR 2018​.  Full Article

Marvell Technology says termination fee of $180 mln
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Marvell Technology Group Ltd : :Marvell Technology says ‍merger agreement provides for termination fee of $180 million under certain conditions - SEC filing.  Full Article

Marvell Technology in advanced talks to combine with Cavium - WSJ
Friday, 3 Nov 2017 

Nov 3 (Reuters) - :Marvell Technology Group in advanced talks to combine with Cavium- WSJ, citing sources‍​.  Full Article

Cavium reports Q3 loss per share of $0.09
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Cavium Inc :Cavium announces financial results for q3 2017.Q3 loss per share $0.09.Q3 revenue $252 million versus I/B/E/S view $250.1 million.Q3 non-GAAP earnings per share $0.76.Q3 earnings per share view $0.74 -- Thomson Reuters I/B/E/S.  Full Article

Cavium enters into a credit agreement
Tuesday, 16 Aug 2016 

Cavium Inc : Entered into a credit agreement - SEC filing . Credit agreement provides for a $700.0 million six-year term B loan facility .Credit agreement provides for a $50.0 million interim term loan that matures on February 15, 2017.  Full Article

Cavium Q2 non-GAAP earnings per share $0.29
Tuesday, 26 Jul 2016 

Cavium Inc : Q2 revenue $107.2 million versus i/b/e/s view $106.7 million . Cavium announces financial results for Q2 2016 . Q2 non-gaap earnings per share $0.29 . Q2 loss per share $0.13 .Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.  Full Article

Marvell forecasts strong fourth quarter on connectivity chip demand

Chipmaker Marvell Technology Group Ltd delivered higher-than-expected earnings and revenue for the third quarter and forecast strong results in the current quarter, boosted by robust demand for its networking and connectivity chips.