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Last year the company had net income in the same periosof $1 million, or breakeven. Santa Clara-base d Marvell (NASDAQ:MRVL) had $513 million in down from the year-ago quarter's $845 million. Excluding the company's income would have been $32 or 5 cents a share, down from the year-agpo quarter's non-GAAP income of $123 or 20 cents a share. "The result s for our fourth quarterf reflect the challenging business environmentour company, and the currently faces," said CEO Sehat Marvell estimates that the restructuring charges associated with the reduction in forcd and consolidation of facilities taken to date will be approximately $20 including approximately $14 million related to severance and othed employee benefit payments and approximately $6 milliom related to facility consolidation.
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