NewsDialy
An outlook miss, in market terms, is what happens when a company's own forecast for a future period falls short of what investors expected.
Marvell Technology had one on Friday, and it was enough to send shares down 6%, even with second-quarter revenue growing 37% and coming in ahead of estimates.
What the numbers say The second quarter told a strong story on its own. Marvell Technology reported 37% revenue growth, and the result came in ahead of analyst estimates.
A revenue beat, in plain terms, means the company generated more in sales than analysts had forecast going into the report. That is ordinarily good news for a stock. Investors typically reward a revenue beat with buying.
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