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Broadcom Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

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© Reuters. Broadcom Earnings, Income Beat in This autumn

Investing.com – Broadcom (NASDAQ:) reported on Thursday fourth quarter that beat analysts’ forecasts and income that topped expectations.

Broadcom introduced earnings per share of $7.81 on income of $7.41B. Analysts polled by Investing.com anticipated EPS of $7.74 on income of $7.35B.

Broadcom shares are up 39% from the start of the 12 months, nonetheless down 1.63% from its 52 week excessive of $593.07 set on December 7. They’re outperforming the which is up 25.3% from the beginning of the 12 months.

Broadcom shares gained 5.58% in after-hours commerce following the report.

Broadcom follows different main Data Expertise sector earnings this month

Broadcom’s report follows an earnings beat by NVIDIA on November 17, who reported EPS of $1.17 on income of $7.1B, in comparison with forecasts EPS of $1.11 on income of $6.82B.

Salesforce.com had beat expectations on November 30 with third quarter EPS of $1.27 on income of $6.86B, in comparison with forecast for EPS of $0.9224 on income of $6.8B.

Keep up-to-date on all the upcoming earnings reviews by visiting Investing.com’s earnings calendar

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