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Marvell (MRVL) CFO expects the Lumentum transaction to accelerate revenue growth and be accretive to non-GAAP gross and operating margins, inclusive of the USD 1bln-plus in run rate synergies it primarily sees from COGS

ORIGINAL · NewsquawkMarvell (MRVL) CFO expects the Lumentum transaction to accelerate revenue growth and be accretive to non-GAAP gross and operating margins, inclusive of the USD 1bln-plus in run rate synergies it primarily sees from COGSRead originalHide original

Expect the combination to be accretive to non-GAAP EPS, starting in year one post-close.

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Marvell’s CFO expects the Lumentum transaction to accelerate revenue growth and improve non-GAAP margins and EPS, with more than USD 1 billion in run-rate synergies primarily from COGS.

News detail

Expect the combination to be accretive to non-GAAP EPS, starting in year one post-close.

2 stocks
MRVLMarvell Technology, Inc. Common Stock$182.30Current priceLITELumentum Holdings Inc. Common Stock$732.28Current price

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