Marvell Technology Group Ltd. shares slipped in the extended session Thursday even after the chipmaker’s quarterly results and outlook topped Wall Street estimates. Marvell shares declined 1.5% after hours, following a 2.7% gain to close the regular session at $24.32. The company reported fourth-quarter net income of $48.8 million, or 10 cents a share, compared with a loss of $80.1 million, or 16 cents a share, in the year-ago period. Adjusted earnings were 32 cents a share. Revenue rose to $615.4 million from $566.4 million in the year-ago period. Analysts surveyed by FactSet had estimated 31 cents a share on revenue of $611 million.
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