Marvell Technology, Inc. (MRVL)
NASDAQ: MRVL · Real-Time Price · USD
240.61
+10.90 (4.75%)
At close: Sep 17, 2026, 4:00 PM EDT
241.00
+0.39 (0.16%)
After-hours: Sep 17, 2026, 4:07 PM EDT
← View all transcripts

Earnings Call: Q4 2017

Mar 2, 2017

Operator

Good day, ladies and gentlemen, and welcome to the Marvell Technology Group fourth quarter and fiscal year 2017 earnings conference call. At this time, all participants are in listen only mode. Later, we will conduct a question and answer session and instructions will be given at that time. If anyone should require assistance during the program, please press star then zero on your touchtone telephone. As a reminder, today's program is being recorded. Now I'd like to introduce your host for today's program, Peter Andrew, Vice President of Investor Relations. Please go ahead.

T. Peter Andrew
VP of Treasury and Investor Relations, Marvell Technology

Thank you very much, Jonathan, good afternoon, everyone. Welcome to Marvell's fourth quarter fiscal year 2017 earnings call. I'm very excited to join Marvell, I look forward to reconnecting with all of you to talk about the Marvell story. Joining me on the call today is Marvell's President and CEO, Matt Murphy, and CFO, Jean Hu. Matt will begin with an overview of our performance, after which Jean will provide more financial detail and our outlook for the first quarter of fiscal year 2018. We will then take your questions. Certain comments today will include forward-looking statements which are subject to significant risks and uncertainties, which could cause our actual results to differ materially from management's current expectations.

Please review the cautionary statements and risk factors contained in our earnings release, which we filed with the SEC today and posted on our website, as well as our most recent 10-K and 10-Q filings. We do not intend to update forward-looking statements. During our call today, we will make references to certain non-GAAP financial measures. A reconciliation between our GAAP and non-GAAP financial measures is available on our website in the investor relations section. Please note that we have classified certain product lines as discontinued operations in the fourth quarter of fiscal year 2017. Such, all financial information we will be discussing today are from continuing operations unless otherwise stated. That, let me turn the call over to Matt, Marvell's President and CEO.

Matt Murphy
President and CEO, Marvell Technology

Great. Thank you, Peter, and welcome to all of you on the call. Fiscal 2017 was a year of significant transformation for Marvell. I joined the company last July at the midpoint of the fiscal year. Since that time, we have built a new management team, including this past quarter, the hiring of a new head of worldwide sales and marketing, Tom Lagatta, and a new chief human resources officer, Karen Rohde. And just this week, Gary Ignatin.