Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results

 

Quarterly Revenue Trend (Unaudited) (Continued)



Three Months Ended


% Change

Revenue by End Market

(In millions)

January 28,
2023


October 29,
2022


January 29,
2022


YoY


QoQ

Data center

$                             497.6


$                             627.3


$                             574.1


(13) %


(21) %

Enterprise networking

366.3


376.0


263.0


39 %


(3) %

Carrier infrastructure

275.4


271.4


241.0


14 %


1 %

Consumer

179.8


178.4


185.4


(3) %


1 %

Automotive/industrial

99.4


84.2


79.5


25 %


18 %

Total Net Revenue

$                          1,418.5


$                          1,537.3


$                          1,343.0


6 %


(8) %


















Three Months Ended

Revenue by End Market % of Total





January 28,
2023


October 29,
2022


January 29,
2022

Data center





35 %


41 %


43 %

Enterprise networking





26 %


24 %


19 %

Carrier infrastructure





19 %


18 %


18 %

Consumer





13 %


12 %


14 %

Automotive/industrial





7 %


5 %


6 %

Total Net Revenue





100 %


100 %


100 %


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