WILMINGTON, Del. (AP) _ Marvell Technology, Inc. (MRVL) on Thursday reported a loss of $165.7 million in its fiscal first quarter.

The Wilmington, Delaware-based company said it had a loss of 20 cents per share. Earnings, adjusted for amortization costs and pretax expenses, were 52 cents per share.

The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.

The chipmaker posted revenue of $1.45 billion in the period, also beating Street forecasts. Eleven analysts surveyed by Zacks expected $1.43 billion.

For the current quarter ending in August, Marvell expects its per-share earnings to range from 53 cents to 59 cents.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRVL at https://www.zacks.com/ap/MRVL

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