Broadcom Q3 Earnings Beat Estimates, Shares Rise on Strong Q4 View
Key Takeaways Broadcom's fiscal Q3 earnings rose 28% year over year, with revenues rising 22% to $15.95 billion.AI revenues soared 63% to $5.2 billion, making up 65% of Broadcoms semiconductor AI sales.Fiscal Q4 outlook indicates $17.4 billion in revenues, with AI sales projected to grow 66% year over year.Broadcom (AVGO) reported third-quarter fiscal 2025 non-GAAP earnings of $1.69 per share, beating the Zacks Consensus Estimate by 1.81% and jumping 28% year over year.Revenues rallied 22% year over year to ...