Marvell Reports Quarterly Revenues of $215 M, up 12% Sequentially

Marvell reported record quarterly sales of $215.3 million, an increase of 58% over net revenue of $135.9 million for the same period last year and up 12% compared to the previous quarter. Net income under generally accepted accounting principles (GAAP) was $12.0 million, or $0.08 per share. The company said the growth was fueled by market share gains in the data storage market and by its Gigabit Ethernet solutions.
http://www.marvell.com