Marvell Technology recorded a quarter loss

Marvell Technology Group Ltd. (NASDAQ:MRVL) reported about receiving in 1 quarter of a loss of $88 million (13 cents on an action) in comparison with $113 million (17 cents on an action) year before. The operating profit made 29 cents on an action against a loss in 18 cents. The revenue for the reporting period raised to $832 million from $694 million year before. According to preliminary forecasts the indicator of profit had to make 27 cents on an action at revenue in $804 million...