Broadcom Inc. (NASDAQ:AVGO) Surpasses Earnings Expectations

Core Insights - Broadcom Inc. reported an EPS of $1.95, exceeding the estimated $1.87, demonstrating its ability to outperform market expectations [2][5] - The company achieved a revenue of $18.02 billion, surpassing the forecast of $17.46 billion, indicating strong market demand for its semiconductor solutions [3][5] Financial Metrics - Broadcom's price-to-earnings (P/E) ratio stands at approximately 101.33, reflecting high investor confidence in its future earnings potential [4][5] - The price-to-sales ratio is about 31.91, and the enterprise value to sales ratio is approximately 32.80, suggesting that the market values Broadcom highly relative to its sales [4] - The company maintains a debt-to-equity ratio of about 0.88, indicating a moderate level of debt compared to its equity, and a current ratio of approximately 1.50, ensuring financial stability [4]