Marvell (MRVL) cuts its outlook for FQ4 on demand softness from mobile and wireless customers -...

|About: Marvell Technology Group,... (MRVL)|By:, SA News Editor

Marvell (MRVL) cuts its outlook for FQ4 on demand softness from mobile and wireless customers - particularly in China. The firm now sees revenue of $735M-$745M, down from its prior estimate for $775M-$825M. Shares -3.1% premarket.