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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (91886)	3/7/2024 5:03:00 PM
From: Return to Sender	Respond to of 95333

Marvell reports EPS in-line, revs in-line; guides Q1 EPS below consensus, revs below consensus 4:11 PM ET 3/7/24 \| Briefing.com Reports Q4 (Jan) earnings of $0.46 per share, excluding non-recurring items, in-line with the FactSet Consensus of $0.46; revenues rose 0.6% year/year to $1.43 bln vs the $1.42 bln FactSet Consensus.Co reports Q4 non-GAAP gross margin of 63.9% vs 63.5-64.5% prior guidance.Co issues downside guidance for Q1 (Apr), sees EPS of $0.18-0.28, excluding non-recurring items, vs. $0.41 FactSet Consensus; sees Q1 revs of $1.092-1.208 bln vs. $1.38 bln FactSet Consensus.Co guides to Q1 non-GAAP gross margin of 62-63%."Marvell delivered fourth quarter fiscal 2024 revenue of $1.427 billion, above the mid-point of guidance. AI drove strong growth in our data center end market revenue which increased 38% sequentially and 54% year-over-year. As a critical enabler of accelerated infrastructure for AI, Marvell is well positioned to capitalize on this massive technology inflection, which continues to gain momentum," said Matt Murphy, Marvell's Chairman and CEO. "In the first quarter of fiscal 2025, we expect continued sequential growth in our data center revenue with initial shipments of our cloud optimized silicon programs for AI complementing our electro-optics franchise. While we are forecasting soft demand impacting consumer, carrier infrastructure, and enterprise networking in the near term, we expect revenue declines in these end markets to be behind us after the first quarter, and project a recovery in the second half of the fiscal year."

To: Return to Sender who wrote (91886)	3/7/2024 8:16:04 PM
From: Elroy	1 Recommendation Recommended By Return to Sender Respond to of 95333

So I just had a glance at Broadcom's Q4 2021 results, and for their 2021 year EBITDA was $16.7 billion. In fiscal 2024 they're guiding to $30 billion of EBITDA. So in three years EBITDA is a bit less than a double. And the stock price? 2021 looks like it was abourt $500 give or take $50. Now, on the verge of a bit less than a double in EBITDA, the share price is $1,400 give or take. So EBITDA has about doubled in three years, while the share price has about tripled over the same period. Hmmm, a lot of that EBITDA growth is actually probably acquired, so there's that in the comparison - this is not organic EBITDA growth, so ...... hmmm, that throws the whole comparison into murkiness I guess. Software gets a higher multiple than semis and systems, and I think they've recently been acquiring software companies, so maybe the comparison doesn't work at all. Never mind!