Marvell Expertise Group Ltd. proclaims monetary outcomes for the third quarter of fiscal 12 months 2021

SANTA CLARA, California, 3rd December 2020 / PRNewswire / – Marvell Technology Group Ltd. (NASDAQ: MRVL), a leading provider of infrastructure semiconductor solutions, today announced financial results for the third quarter of fiscal 2021.

Revenue for the third quarter of fiscal year 2021 was $ 750 million. The GAAP net loss for the third quarter of fiscal 2021 was (23) million US dollars, or $ (0.03) per diluted share. Non-GAAP earnings for the third quarter of fiscal 2021 were $ 168 million, or $ 0.25 per diluted share. The cash flow from operating activities was in the third quarter $ 258 million.

On October 29, 2020, Marvell Technology Group Ltd. announced that it has entered into a definitive agreement to acquire Inphi Corporation for cash and consideration. The transaction is expected to close in the second half of the 2021 calendar, subject to the approval of Marvell and Inphi shareholders and customary closing conditions, including applicable regulatory approvals.

"Marvell continued to deliver strong revenue growth in the third fiscal quarter. Total revenue increased 13% year over year, driven by our network business, which increased revenue 35% year over year. Strong 5G and cloud product ramps fuel our continued success in these strategic growth markets, "said Matt Murphy, Marvell's President and CEO. "Demand continues to grow and we expect revenue to grow sequentially about 5% in the fourth fiscal quarter by mid-year. Our team is working to mitigate the impact of industry-wide supply restrictions that are currently limiting our ability to fully meet requirements . " rising demand. "

Marvell's guidance for the fourth quarter takes into account the US government's export restrictions on certain Chinese customers. Given the ongoing uncertainty surrounding COVID-19 and related public health measures, we have temporarily expanded the guideline range for revenue.

Financial report for the fourth quarter of fiscal year 2021

Sales will be expected $ 785 million +/- 5%.
The GAAP gross margin is expected to be around 52.8%.
The non-GAAP gross margin is expected to be around 64%.
GAAP operating costs are expected to be approximate $ 379 million.
Non-GAAP operating costs are expected to be approximate $ 280 million.
The weighted average common stock outstanding is expected to be 673 million.
The diluted weighted average number of shares in issue is expected to be 686 million.
The GAAP diluted earnings per share are expected $ (0.03) to $ 0.07 per share.
Diluted non-GAAP earnings per share are expected $ 0.25 to $ 0.33 per share.

GAAP diluted EPS is calculated using the weighted average outstanding of the shares if there is a GAAP net loss and the diluted weighted average of the outstanding shares if there is a GAAP net income outstanding. Diluted Non-GAAP EPS is calculated using the diluted weighted average of the average shares in issue.

telephone conference

Marvell will host a conference call on Thursday 3rd December 2020 at the 1:45 p.m. Pacific time Interested parties can join the conference call by dialing 1-844-647-5488 or 1-615-247-0258, passcode 3247376. The conference call will be webcast and will be available on the Marvell Investor Relations website at http://investor.marvell.com/ with a replay available after the call until Thursday 10th December 2020.

Discussion of non-GAAP financial measures

Non-GAAP financial measures include the impact of share-based compensation expenses, amortization of fair value adjustments to inventories related to the Acquisitions of Aquantia and Avera, amortization of acquired intangible assets, acquisition and disposal costs, restructuring and other related costs (including ) from, but not limited to, asset impairment losses, employee severance pay and facility-related costs), legal resolution, and certain expenses and benefits primarily attributable to discreet events that management does not consider to be directly related to Marvell's core business .

Marvell uses a non-GAAP tax rate to calculate non-GAAP tax law. This non-GAAP tax rate is based on Marvell's estimated annual GAAP income tax forecast, which has been adjusted to reflect the items excluded from GAAP income when calculating Marvell's non-GAAP income, as well as the effects of material one-time and period-specific tax items vary in size and frequency. Marvell's non-GAAP tax rate is determined annually and can be adjusted during the year to reflect events that could materially affect the non-GAAP tax rate, such as: B. Changes in Tax Law. material changes in Marvell's geographic mix of income and expenses; or changes in Marvell's corporate structure. For the third quarter of fiscal 2021, a non-GAAP tax rate of 5.0% was applied to non-GAAP financial results.

Marvell believes that the presentation of non-GAAP financial measures provides management and investors with important supplemental information about financial and business trends relating to Marvell's financial condition and results of operations. While Marvell uses non-GAAP financial measures as a tool to improve understanding of certain aspects of its financial performance, Marvell does not consider these measures to be a substitute for or superior to GAAP financial measures. Consistent with this approach, Marvell believes that disclosing non-GAAP financial measures to the readers of its financial statements provides those readers with useful supplemental information that, while not a substitute for GAAP financial measures, provides greater transparency in reviewing their financials and financial metrics enable operational performance.

Externally, management believes that investors may find Marvell's non-GAAP financial metrics useful in assessing Marvell's operational performance and evaluating Marvell. Internally, Marvell's non-GAAP financial measures are applied in the following areas:

Management's assessment of Marvell's operational performance;
Preparation of internal operating budgets by management;
Management benchmarks with internal forecasts and targeted business models; and
Management's decision on the achievement and evaluation of certain performance-based share awards (adjustments may vary from award to award).

Non-GAAP financial measures have limitations in that they do not reflect all of the costs associated with Marvell's business that are determined in accordance with GAAP. Therefore, you should not view these measures in isolation or as a substitute for analyzing Marvell's GAAP results. The exclusion of the above items from our GAAP financial metrics does not necessarily mean that these costs are unusual or infrequent.

Forward-looking statements under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements within the meaning of federal securities laws that involve risks and uncertainties. Words such as "anticipate", "expect", "intend", "plan", "project", "believe", "seek", "estimate", "can", "can", "will", "would" and similar expressions identify such forward-looking statements. These statements are not guarantees of results and should not be taken as an indication of future activities or future performance. Forward-looking statements are predictions, forecasts and other statements about future events that are based on current expectations and assumptions and are therefore subject to risks and uncertainties. Actual events or results could differ materially from those described in this press release due to a number of risks and uncertainties including, but not limited to: the completion of the proposed transaction with Inphi Corporation on foreseeable terms and at the expected time, or at all, including the Obtaining shareholder and regulatory approvals, anticipated tax treatment, contingencies and other conditions for the completion of the transaction; Failure to realize the anticipated benefits of the proposed transaction with Inphi, including due to a delay in closing the transaction or our ability to integrate the Marvell and Inphi businesses, or due to unexpected costs, liabilities, delays or other factors affecting the semiconductor industry ;; our ability to obtain or complete financing in connection with the Inphi Transaction on acceptable terms or at all; potential litigation related to the proposed Inphi transaction that may be initiated against Marvell or Inphi or our respective directors; the risk that any disruption from the proposed transaction with Inphi will affect our or Inphi's business, including current plans and operations; Marvell or Inphi's ability to retain and hire key personnel; possible adverse reactions or changes in business relationships resulting from the announcement or completion of the proposed transaction with Inphi; Risks relating to the value of the shares to be issued in the Inphi Transaction; Risks in connection with contracts with third parties that contain consents and / or other provisions that may be triggered by the proposed transaction with Inphi; potential business uncertainty, including changes in existing business relationships, during the upcoming transaction that could affect Marvell and / or Inphi's financial performance; Limitations while the Proposed Transaction is pending, which may affect Marvell or Inphi's ability to pursue certain business opportunities or strategic transactions; Failure to obtain the consent of Marvell and / or Inphi Securityholders; the occurrence of an event, change, or other circumstance that could result in the termination of the Merger Agreement with Inphi; Risks related to the impact of the novel pandonavirus pandemic (COVID-19) on our business, which has affected our workforce and operations, and the transportation and manufacture of our products, and may continue to do so; Risks related to the effects of the COVID-19 pandemic that have impacted the operations of our customers, dealers, suppliers, suppliers and partners and may continue to do so; increased disruption and volatility in capital and credit markets as a result of COVID-19, which could adversely affect our liquidity and capital resources; the impact of COVID-19 or other future pandemics on the US economy and the global economy; Disruptions caused by COVID-19 resulting in absenteeism, quarantines and restrictions on our employees' ability to work, innovate, collaborate and travel; the impact of current credit and market conditions caused by or resulting from COVID-19 on the liquidity and financial condition of our customers and suppliers, including any impact on their ability to meet their contractual obligations; the impact of international conflict and economic volatility on domestic or overseas markets, including risks related to trade disputes, regulations and tariffs, including but not limited to restrictions imposed on our Chinese customers; the risks associated with manufacturing and selling products and customer products outside of The United States;; our ability to define, design and develop products for the 5G market; our ability to commercialize our 5G products to tier 1 infrastructure customers; Increase in lead time due to supply chain disruptions or component bottlenecks that can affect the production of our products, as well as limited availability from other electronic suppliers that affect our customers' ability to ship their products, which in turn is detrimental may affect our sales to these customers; our reliance on independent foundries and subcontractors to manufacture, assemble and test our products; Cancellations, rescheduling, or postponements of significant customer orders or shipments, and our customers' ability to manage inventory; our ability to realize the anticipated benefits of restructuring activities; the impact of moving to smaller geometry process technologies; the impact of a change in income tax laws in the countries in which we operate and the loss of tax-favorable treatment that Marvell currently enjoys; the risk of downturns in the high cycle semiconductor industry; the risk that we will not realize the anticipated benefits of our previous acquisitions and disposals; our reliance on storage and networking markets, which are highly cyclical and highly competitive; the outcome of pending or future legal disputes as well as legal and regulatory proceedings; our dependence on a small number of customers; the impact and costs associated with changes in international financial and regulatory conditions; our ability and the ability of our customers to compete successfully in the markets in which we operate; our ability and the ability of our customers to develop new and improved products and bring those products to market; Future gross margin and earnings decline due to a number of factors; our ability to accurately gauge customer demand and future sales; our ability to scale our business in response to changes in demand for existing or new products and services; Risks related to acquisition and consolidation activities in the semiconductor industry; the effects of other potential acquisitions, sales, or investments; Marvell's ability to protect its intellectual property; our maintenance of an effective system of internal controls; severe financial hardship or bankruptcy of one or more of our key customers; and other risks that are listed from time to time in our SEC filings. The list of factors above is not intended to be exhaustive. You should carefully consider the above factors and the other risks and uncertainties affecting our business as set out in the "Risk Factors" section of our Annual Reports on Form 10-K, the Quarterly Reports on Form 10-Q, and others from Marvell from Time Documents currently filed are currently described with the SEC. Forward-looking statements only apply at the time they are made. Readers are cautioned not to place undue reliance on forward-looking statements. We assume no obligation and do not intend to update or revise these forward-looking statements as a result of new information, future events or for any other reason.

About Marvell

To provide the data infrastructure technology that connects the world, we build solutions on the most powerful foundation: our partnerships with our customers. We have trusted the world's leading technology companies for 25 years and move, store, process and secure the world's data with semiconductor solutions tailored to the current needs and future ambitions of our customers. Through a process of intensive cooperation and transparency, we are ultimately changing the transformation of the corporate, cloud, automotive and carrier architectures of tomorrow – for the better.

Marvell® and the Marvell logo are registered trademarks of Marvell and / or its affiliates.

Marvell Technology Group Ltd.
Abridged consolidated income statement (unaudited)
(In thousands, excluding amounts per share)

	Three months ended						Nine months ended
	October 31, 2020		August 1st, 2020		November 2 2019		October 31, 2020		November 2 2019
Net sales	$	750.143	$	727.297	$	662,470	$	2,171,081	$	1,981,490
Cost of goods sold	369.083		368.041		322,403		1,103,863		929.293
Gross income	381.060		359.256		340.067		1,067,218		1,052,197

Operating expenses:
Research and Development	255.637		277.139		267.781		812.360		801.002
Sales general and administration	115.501		112,794		118.993		350,322		342.988
Restructuring costs	19,312		120,590		14,802		161.189		37,070
Business expense	390,450		510.523		401.576		1,323,871		1,181,060
Operating loss	(9,390)		(151,267)		(61,509)		(256,653)		(128,863)
Interest income	608		577		1,092		2.243		3.437
Interest expenses	(16,066)		(15,635)		(21,241)		(48,531)		(62,975)
Other income (losses), net	299		(440)		689		3,613		(1,624)
Interest and Other Income (Loss), net	(15, 159)		(15,498)		(19,460)		(42,675)		(61, 162)
Loss before income taxes	(24,549)		(166,765)		(80,969)		(299,328)		(190,025)
Provision (performance) for income taxes	(1,641)		(8,872)		1.532		(5,494)		(1,743)
Annual deficit	$	(22,908)	$	(157,893)	$	(82,501)	$	(293,834)	$	(188, 282)

Net loss per share – fundamental:	$	(0.03)	$	(0.24)	$	(0.12)	$	(0.44)	$	(0.28)

Net loss per share – diluted:	$	(0.03)	$	(0.24)	$	(0.12)	$	(0.44)	$	(0.28)

Weighted Average Stocks:
basic	670.487		667,574		668.178		667.186		667.184
Diluted	670.487		667,574		668.178		667.186		667.184

Marvell Technology Group Ltd.
Condensed consolidated balance sheets (unaudited)
(In thousands)

	October 31, 2020		February 1st, 2020
financial assets
Current assets:
Cash and cash equivalents	$	832.041	$	647,604
Claims, net	490.271		492,346
Stocks	268,396		322.980
Prepaid expenses and other current assets	68,618		74,567
Total current assets	1,659,326		1,537,497
Property, plant and equipment, net	331.769		357.092
Goodwill	5,336,356		5,337,405
Acquired intangible assets, net	2,380,382		2,764,600
Deferred tax claims	646,837		639.791
Other long-term assets	470.102		496,850
Total assets	$	10,824,772	$	11.133.235

Liabilities and Equity
Short-term liabilities:
Settlement liabilities	$	224.112	$	213.747
accruals	406.986		346.639
Accrued employee compensation	187,982		149.780
Short term debt	349.004		– –
Total short-term liabilities	1,168,084		710.166
Long-term liabilities	992,801		1,439,024
Other not current encumbrances	274.270		305.465
Total liabilities	2,435,155		2,454,655

Equity:
Common stock	1.343		1.328
Capital reserve	6,260,906		6,135,939
Retained earnings	2,127,368		2,541,313
Total equity	8,389,617		8,678,580
Total liabilities and equity	$	10,824,772	$	11.133.235

Marvell Technology Group Ltd.
Abridged consolidated cash flow statement (unaudited)
(In thousands)

	Three months ended				Nine months ended
	October 31, 2020		November 2 2019		October 31, 2020		November 2 2019
The cash flow from operating activities:
Annual deficit	$	(22,908)	$	(82,501)	$	(293,834)	$	(188, 282)
Adjustments to reconcile net loss to net cash of operational activity:
Depreciation	47,834		36,082		149.922		112,662
Share-based payment	59,787		66,762		182.060		189,036
Amortization of acquired intangible assets	109,433		92,760		333,934		253,467
Depreciation on the fair value of the inventory Adjustment related to acquisitions	– –		3.316		17,284		3.316
Restructuring-related impairment charges	6.013		6.146		123,559		16,243
Other expenses (income), net	8,614		(2,094)		23,080		14,814
Changes in assets and liabilities:
Accounts obtainable	(6,729)		(32,002)		2.075		8,374
Stocks	(5,984)		(39,276)		29,817		(30,602)
Prepaid expenses and other assets	(5,677)		(3,046)		(8,692)		(11,039)
Settlement liabilities	5.121		8.304		34,768		30,801
Provisions and other long-term liabilities liabilities	5.289		(26,141)		26,817		(106,258)
Accrued employee compensation	56,741		37.193		38.202		11,927
Cash generated from operations activities	257,534		65.503		658.992		304.459
Cash flow from investing activities:
Sale of available-for-sale securities	– –		18,832		– –		18,832
Purchase of technology licenses	(1,712)		(414)		(8,476)		(1,936)
Purchases of property, plant and equipment	(35,359)		(20,742)		(88,242)		(62,935)
Cash for purchase, minus cash and cash equivalents acquired	– –		(477,579)		– –		(477,579)
Others, net	(476)		(1,404)		223		(1,793)
Cash flow from investing activities	(37,547)		(481,307)		(96,495)		(525,411)
Cash flow from financing activities:
Common stock repurchases	– –		– –		(25,202)		(64,272)
Income from employee share plans	2.256		21,795		50,490		103.109
Withholding tax paid on behalf of the employees for the net share settlement	(25,912)		(19,220)		(82,626)		(80,862)
Dividend payments to shareholders	(40,229)		(40, 140)		(120, 111)		(119,496)
Payments for technology license obligations	(34, 285)		(28,889)		(76,794)		(57,213)
Income from the issuance of debt securities	– –		350,000		– –		350,000
Principal debt repayments	(100,000)		– –		(100,000)		(50,000)
Payment of borrowing costs	(22,313)		– –		(22,313)		– –
Others, net	1.003		(2,869)		(1,504)		(4,355)
Net money provided by (used in) Financing activity	(219,480)		280,677		(378,060)		76,911
Net increase (decrease) in cash and cash equivalents	507		(135, 127)		184.437		(144,041)
Cash and cash equivalents at the beginning of the period	831,534		573,496		647,604		582,410
Cash and cash equivalents at the end of the reporting period	$	832.041	$	438,369	$	832.041	$	438,369

Marvell Technology Group Ltd.
Reconciliations from GAAP to Non-GAAP (unaudited)
(In thousands, excluding amounts per share)

	Three months ended									Nine months ended
	October 31, 2020			August 1st, 2020			November 2 2019			October 31, 2020			November 2 2019

GAAP gross profit:	$	381.060		$	359.256		$	340.067		$	1,067,218		$	1,052,197
Special articles:
Share-based payment	4,435			4.082			3,990			12,055			10,578
Amortization of acquired intangible assets	83,078			85.225			72,146			254.870			193, 184
Other costs of goods sold (a)	4,296			11,630			4,758			34,488			5.208
Overall special items	91,809			100.937			80,894			301.413			208,970
Non-GAAP Gross Income	$	472.869		$	460.193		$	420.961		$	1,368,631		$	1,261,167

GAAP gross margin	50.8		%.	49.4		%.	51.3		%.	49.2		%.	53.1		%.
Non-GAAP gross margin	63.0		%.	63.3		%.	63.5		%.	63.0		%.	63.6		%.



GAAP total cost of ownership	$	390,450		$	510.523		$	401.576		$	1,323,871		$	1,181,060
Special articles:
Share-based payment	(55,352)			(58,504)			(63,375)			(170.005)			(179,061)
Restructuring costs (b)	(19,312)			(120,590)			(14,802)			(161, 189)			(37,070)
Amortization of acquired intangible assets	(26,355)			(26,354)			(20,614)			(79,064)			(60, 283)
Other operating expenses (c)	(9,490)			(8,125)			(19,495)			(37,018)			(46,740)
Overall special items	(110,509)			(213,573)			(118, 286)			(447,276)			(323,154)
Total non-GAAP operating expenses	$	279.941		$	296,950		$	283,290		$	876,595		$	857.906



GAAP operating margin	(1.3)		%.	(20.8)		%.	(9.3)		%.	(11.8)		%.	(6.5)		%.
Other costs of goods sold (a)	0.6		%.	1.6		%.	0.7		%.	1.6		%.	0.3		%.
Share-based payment	8.0		%.	8.6		%.	10.2		%.	8.4		%.	9.6		%.
Restructuring costs (b)	2.6		%.	16.6		%.	2.2		%.	7.4		%.	1.9		%.
Amortization of acquired intangible assets	14.6		%.	15.3		%.	14.0		%.	15.4		%.	12.8		%.
Other operating expenses (c)	1.2		%.	1.1		%.	3.0		%.	1.7		%.	2.3		%.
Non-GAAP Operating Margin	25.7		%.	22.4		%.	20.8		%.	22.7		%.	20.4		%.

GAAP Interest and Other Income (Loss), Net	$	(15, 159)		$	(15,498)		$	(19,460)		$	(42,675)		$	(61, 162)
Special articles:
Restructuring and other related items (d)	(1,002)			– –			(946)			(568)			(1,209)
Amortization of issue costs (e)	453			– –			– –			453			458
Deal costs	– –			– –			496			– –			1.505
Overall special items	(549)			– –			(450)			(115)			754
Non-GAAP Interest and Other Income (Loss), Net	$	(15,708)		$	(15,498)		$	(19,910)		$	(42,790)		$	(60, 408)



GAAP net loss	$	(22,908)		$	(157,893)		$	(82,501)		$	(293,834)		$	(188, 282)
Special articles:
Other costs of goods sold (a)	4,296			11,630			4,758			34,488			5.208
Share-based payment	59,787			62,586			67.365			182.060			189,639
Restructuring costs in operating expenses (b)	19,312			120,590			14,802			161.189			37,070
Other operating expenses (c)	9,490			8.125			19,495			37,018			46,740
Restructuring and other related items relating to interest and other income, net (d)	(1,002)			– –			(946)			(568)			(1,209)
Amortization of acquired intangible assets	109,433			111,579			92,760			333,934			253,467
Amortization of issue costs (e)	453			– –			– –			453			458
Transaction costs included in interest and other income, net (f)	– –			– –			496			– –			1.505
Special pre-tax items	201,769			314.510			198.730			748.574			532.878
Other income tax effects and adjustments (g)	(10,502)			(16,226)			(3,773)			(27,957)			(17,177)
Non-GAAP Net Income	$	168.359		$	140.391		$	112.456		$	426.783		$	327,419



GAAP Weighted Average Stocks – Basis	670.487			667,574			668.178			667.186			667.184
GAAP Weighted Average Stocks – Diluted	670.487			667,574			668.178			667.186			667.184
Non-GAAP Weighted Average Stocks – Diluted (h)	682.724			678,304			679,345			677.273			678.986

Diluted net loss per share under GAAP	$	(0.03)		$	(0.24)		$	(0.12)		$	(0.44)		$	(0.28)
Diluted non-GAAP earnings per share	$	0.25		$	0.21		$	0.17		$	0.63		$	0.48


(one)	The other costs of goods sold include depreciation of inventory and depreciation of the fair value of the inventory acquired.

(b)	Restructuring costs include asset impairment charges (including asset impairment charges due to changes in the scope of the server processor product line), employee severance pay, facility costs, and others.

(c)	Other operating expenses include integration and merger costs in connection with acquisitions.

(d)	Interest and other income (losses), net, include restructuring and other related items such as the revaluation of foreign currencies in connection with restructuring provisions.

(e)	The amortization of issue costs is associated with a partial repayment of the loan.

(f)	Deal costs include transaction costs incurred in connection with the sale of the Wi-Fi Connectivity business.

(G)	The other income tax effects and adjustments relate to the tax provision based on a non-GAAP income tax rate of 5.0% for the three and nine months ended October 31, 2020 and the three months ended August 1, 2020. The other income tax effects and – Adjustments relate to tax provision based on a non-GAAP income tax rate of 4.5% for the three and nine months ended November 2, 2019.

(H)	Non-GAAP Diluted Weighted Average Stocks differ from GAAP Diluted Weighted Average Stocks based on reported non-GAAP net income.

Marvell Technology Group Ltd.
Outlook for the fourth quarter of the financial year 2021
Reconciliations from GAAP to Non-GAAP (unaudited)
(In millions, excluding amounts per share)


	Outlook ended for three months January 30, 2021
GAAP sales	$ 785 +/- 5%
Special articles:	– –
Non-GAAP sales	$ 785 +/- 5%

GAAP gross margin	~ 52.8%
Special articles:
Share-based payment	0.5%
Amortization of acquired intangible assets	10.7%
Non-GAAP gross margin	~ 64%

GAAP total cost of ownership	~ $ 379
Special articles:
Share-based payment	53
Amortization of acquired intangible assets	26th
Restructuring costs	15th
Other operating expenses	5
Total non-GAAP operating expenses	~ $ 280


Diluted earnings per share under GAAP	$ (0.03) – $ 0.07
Special articles:
Share-based payment	0.08
Amortization of acquired intangible assets	0.16
Restructuring costs	0.02
Other operating expenses	0.01
Other edition	0.01
Other income tax effects and adjustments	(0.01)
Diluted non-GAAP earnings per share	$ 0.25 – $ 0.33

Quarterly sales trend (unaudited)
(In thousands)


	Three months ended							% Change
	October 31, 2020		August 1st, 2020		November 2 2019			YoY		QoQ
Networking (1)	$	444.756	$	406.008	$	329,962		35	%.	10	%.
Storage (2)	276.279		290,495		287.708			(4)	%.	(5)	%.
Overall core	721.035		696.503		617.670			17th	%.	4th	%.
Other (3)	29.108		30,794		44,800			(35)	%.	(5)	%.
Total sales	$	750.143	$	727,297	$	662,470		13	%.	3	%.


						Drei Monate endeten
% von Gesamt						October 31, 2020		Der 1. August, 2020		November 2 2019
Vernetzung (1)						59	%.	56	%.	50	%.
Lagerung (2)						37	%.	40	%.	43	%.
Gesamtkern						96	%.	96	%.	93	%.
Sonstiges (3)						4th	%.	4th	%.	7th	%.
Gesamtumsatz						100	%.	100	%.	100	%.