Oppenheimer Publishes Report on Marvell Technology Group

In its report, Oppenheimer writes about Marvell (NASDAQ: MRVL), “Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, reported financial results for the third quarter of fiscal 2012, ended October 29, 2011. Revenue for the third quarter of fiscal 2012 was $950 million, a 6 percent sequential increase from $898 million in the second quarter of fiscal 2012, ended July 30, 2011, and down 1 percent from $959 million in the third quarter of fiscal 2011, ended October 30, 2010.”

MRVL closed yesterday at $14.68.