Marvell Technology, Inc. Reports Second Quarter of Fiscal Year 2022 Financial Results

 

Quarterly Revenue Trend (Unaudited) (Continued)



Three Months Ended


% Change

Revenue by Product Group (In thousands)

July 31,
2021


May 1,
2021


August 1,
2020


YoY


QoQ

Networking (1)

$

701,712



$

498,250



$

406,008



73

%


41

%

Storage (2)

341,713



302,918



290,495



18

%


13

%

   Total Core

1,043,425



801,168



696,503



50

%


30

%

Other (3)

32,456



31,111



30,794



5

%


4

%

Total Net Revenue

$

1,075,881



$

832,279



$

727,297



48

%


29

%




Three Months Ended

Revenue by Product Group % of Total

July 31,
2021


May 1,
2021


August 1,
2020

Networking (1)

65

%


60

%


56

%

Storage (2)

32

%


36

%


40

%

   Total Core

97

%


96

%


96

%

Other (3)

3

%


4

%


4

%

Total Net Revenue

100

%


100

%


100

%


(1)  Networking products are comprised primarily of ethernet solutions, embedded processors, custom ASICs, and electro-optics solutions.

(2)  Storage products are comprised primarily of storage controllers and fibre channel adapters.

(3)  Other products are comprised primarily of printer solutions.


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