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Earnings After the Bell: Marvell, Novell
Friday, March 4, 1:33 PM ET

After the closing of trading yesterday, Novell (NOVL) said it lost $17.9 million, or $0.05 per share, in its first fiscal quarter, compared to a profit of $20.2 million, or $0.06 per share, in the same quarter last year.

Revenue fell to $190.7 million from $202.4 million last year.

Adjusted earnings of $0.07 per share met analyst expectations, although revenue fell short.

Also late yesterday, Marvell Technology (NASDAQ:MRVL) posted fourth quarter profits of $222.9 million, or $0.33 per share, compared to $204.8 million, or $0.31 per share, in last yearís fourth quarter.

Revenue rose 7%, to $901 million, Marvell said, less than analysts expected.

Adjusted earnings of $0.40 per share fell short of estimates as well.

For MarketNewsVideo.com, Iím Sayoko Murase.

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