Investing.com – Broadcom (NASDAQ:) reported second-quarter earnings per share of $10.96, beating analysts’ estimates of $10.85 by $0.11. Revenue for the quarter was $12.49 billion, versus the consensus estimate of $12.06 billion.
Management
Broadcom expects fiscal 2024 revenue to be $51.00 billion, versus analyst consensus estimates of $50.40 billion.
Broadcom’s share price closed at $1,495.51. It has increased by 21.04% in the last 3 months and by 75.71% in the last 12 months.
Over the last 90 days, Broadcom has had 3 positive and 3 negative changes in EPS. See Broadcom’s past stock price reaction to earnings here.
Broadcom’s financial health is “excellent,” according to InvestingPro.
View Broadcom and Broadcom financials here.
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