Broadcom Inc. (AVGO) Q1 Earnings and Revenues Top Estimates

Broadcom Inc. (AVGO) came out with quarterly earnings of $10.99 per share, beating the Zacks Consensus Estimate of $10.25 per share. This compares to earnings of $10.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.22%. A quarter ago, it was expected that this chipmaker would post earnings of $10.95 per share when it actually produced earnings of $11.06, delivering a surprise of 1%.Over the last four quarters, the company ...