Marvell Technology Group Ltd. Earnings Call Nuggets: Wireless & Connectivity, Gross Margin Details
Marvell Technology Group, Ltd. (NASDAQ:MRVL) recently reported its second quarter earnings and discussed the following topics in its earnings conference call.
Wireless & Connectivity
Ruben Roy – Mizuho Securities: Congrats guys on good results and guidance. Sehat, wondering if, I understand you talked about double-digit growth for both wireless and connectivity, just wondering, if you can give us a little more granularity around those constituents given the execution has been so good into Q2 and obviously with the guidance for Q3, please?
Dr. Sehat Sutardja – Chairman, President and CEO: Yes. So, I’ll cover the…
Brad Feller – VP, Corporate Controller and Interim CFO: So, why don’t you cover everything?
Dr. Sehat Sutardja – Chairman, President and CEO: Yes. So, it’s a combination of different things, Ruben. So, it’s additional devices based on our dual core platform. It’s the ramp up of our quad core platform for mobile and then the related wireless that will go into those mobile applications as well as the launch of the gaming consoles for the two guys that we deal with. Those are the biggest pieces there.
Ruben Roy – Mizuho Securities: Given that this year is a little bit different from past years, can you maybe, Brad, talk about how you guys are thinking about seasonality as you look beyond Q3? Is this going to be a typical seasonal year as you look at Q4, or do you think there are different moving parts this year please?