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Just seven shopping days until earnings season starts. The traditional first major announcer is Alcoa (AA), which should have outstanding earnings.

We’re also getting cautionary announcements of what to expect this season. Today’s earnings bomb is brought to you courtesy of Marvell Technology Group (MRVL). The company anticipates that its revenues will fall 10% from last quarter’s total of $574 million.

The anticipated decline in net revenue is largely due to lower than expected demand from a number of the Company's hard disk drive customers. The Company believes the shortfall of demand is primarily due to a combination of weaker than normal seasonal shipments in the personal computer market as well as excess inventory held by some of its significant storage customers.

If that’s not enough, the company is also looking at its options practices.

Posted by edelfenbein at October 3, 2006 9:24 AM