Broadcom Inc. (AVGO) came out with quarterly earnings of $10.96 per share, beating the Zacks Consensus Estimate of $10.79 per share. This compares to earnings of $10.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.58%. A quarter ago, it was expected that this chipmaker would post earnings of $10.25 per share when it actually produced earnings of $10.99, delivering a surprise of 7.22%.Over the last four quarters, the compa ...

Key TakeawaysBroadcom reported second-quarter revenue beating analysts' estimates, while earnings fell short of projections.The company said that AI product revenue reached a record high.Broadcom also announced a 10-for-1 forward stock split, with the first day of split-adjusted trading set for July 15.Shares of Broadcom surged in extended trading Wednesday following the release. Broadcom (AVGO) reported second-quarter revenue beating analyst estimates, while earnings fell short of projections. The company ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Broadcom posted earnings for the second fiscal quarter on Wednesday that beat analyst estimates. It also announced a 10-1 stock split, set to begin trading on a split-adjusted basis on July 15.The stock rose about 10% in extended trading. Here's how the company did versus LSEG consensus estimates for the quarter ended in May:EPS: $10.96, adjusted, vs. $10.84 expectedRevenue: $12.49 billion vs. $12.01 billion expectedThe chipmaker said that it expected about $51 billion in sales during its fiscal 2024 year. ...

Exhibit 99.1 Broadcom Inc. Announces Second Quarter Fiscal Year 2024 Financial Results and Quarterly Dividend • Revenue of $12,487 million for the second quarter, up 43 percent from the prior year period • GAAP net income of $2,121 million for the second quarter; Non-GAAP net income of $5,394 million for the second quarter • Adjusted EBITDA of $7,429 million for the second quarter, or 59 percent of revenue • GAAP diluted EPS of $4.42 for the second quarter; Non-GAAP diluted EPS of $10.96 for the second quar ...

Revenue of $12,487 million for the second quarter, up 43 percent from the prior year periodGAAP net income of $2,121 million for the second quarter; Non-GAAP net income of $5,394 million for the second quarterAdjusted EBITDA of $7,429 million for the second quarter, or 59 percent of revenueGAAP diluted EPS of $4.42 for the second quarter; Non-GAAP diluted EPS of $10.96 for the second quarterCash from operations of $4,580 million for the second quarter, less capital expenditures of $132 million, resulted in ...

SAN JOSE, CALIFORNIA - JUNE 03: A sign is posted in front of a Broadcom office on June 03, 2021 in ... [+] San Jose, California. Chipmaker Broadcom will report second quarter earnings today after the closing bell and is expected to beat analyst expectations. (Photo by Justin Sullivan/Getty Images)Getty ImagesBroadcom is scheduled to report earnings after Wednesday’s close. The stock just hit a record high of $1505.80 and is currently trading near that level. The stock is prone to big moves after reporting e ...

申万宏源研究 上海市南京东路99号 | +86 21 2329 7818 www.swsresearch.com 简单金融 成就梦想 海外科技 | 公司研究 博通：软硬一体的 AI 卖铲人 2024年6月10日 博通-Broadcom（AVGO.O） 买入 博通：高效整合的平台型科技巨头。公司是全球通信芯片领军企业，注重外延扩张，通过“收 购优质标的+舍弃部分业务”循环实现增长，并多次于收购后短时间内降杠杆提升整体盈利能 力。公司在 2010 年、2014 年、2016年的三次营收增速上升节点以及 ROE 转折点，分别在 首次覆盖 对Infineon、LSI、老博通的三次重大收购事件之后，证明其高效整合能力；公司18年前并购 集中在半导体领域，18年后拓展到软件，并购 VMWare 后（并表 10.5 周）FY24Q1 软件业 市场数据： 2024年06月07日 务收入占比38%，半导体解决方案收入占比62%。 收盘价（美元） 1406.64 纳斯达克指数 17133.13 半导体解决方案有望长期受益于AI浪潮： 52周最高价/最低价 1436.17/774.68 （1）网络：以太网接力 AI 算力成长。AI ...

A dividend portfolio is one of the most reliable paths to passive income. You only need to buy a few dividend stocks, monitor them occasionally and watch the cash flow arrive. These assets make passive income accessible to anyone, but you have to pick the right stocks to compound your gains.You have a few options once you have a solid group of dividend stocks. Some investors use dividends to cover their living expenses, while others reinvest them. Reinvesting your dividends will result in a higher quarterly ...

Wall Street is reevaluating its outlook for some AI-centric stocks.Much of the broad market rally that began early last year has its origins in the growing potential of artificial intelligence (AI). Indeed, the world is just beginning to grasp the vast opportunity afforded by AI as investors scramble to profit from these next-generation algorithms. Wall Street is doing its level best to stay ahead of the curve, regularly releasing a flurry of new pronouncements.That appeared to be the driving factor today b ...