What You Need To Know Ahead of Broadcom's Earnings Report

Analyst Estimates for Q2 FY 2024Q1 FY 2024Q2 FY 2023Revenue$12.04 billion$11.96 billion$8.73 billionDiluted Earnings Per Share$4.88$2.84$8.15Net Income$2.22 billion$1.33 billion$3.48 billion After adjustment stripping out certain one-time expenses, non-GAAP net income is projected to be $5.33 billion, compared to $5.25 billion in the first quarter of 2024, and $4.49 billion in the second quarter of 2023. The company reported increased restructuring costs after acquiring software firm VMware and indicated it ...