Marvell Technology CEO Says Expect Combined Entity With Lumentum To Become One Of Top Five Largest AI Infrastructure Semiconductor Companies
Benzinga Newsdesk 13 hours ago
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Marvell CFO says expect transaction to accelerate revenue growth and be accretive to our non-gaap gross and operating margins, inclusive of the $1 billion-plus in run rate synergies that we primarily see from COGS;
Marvell CFO says expect transaction to accelerate revenue growth and be accretive to our non-gaap gross and operating margins, inclusive of the $1 billion-plus in run rate synergies that we primarily see from COGS; Expect the combination to be accretive to non-gaap EPS, starting in year one post-close
Lumentum CEO says we are announcing our second major NPO and CPO win, a massive milestone that we expect to generate over $5 billion in revenue
– Conference call comments