Broadcom on Thursday noted robust earnings and offered a better-than-predicted outlook for its January quarter. Shares of the semiconductor firm rose following the report.
Broadcom
(ticker:
AVGO
) reported fiscal fourth-quarter adjusted earnings per share of $10.45, topping the $10.28 Wall Street consensus estimate, according to FactSet. Revenue arrived in at $8.9 billion, in line with expectations.
Broadcom on Thursday noted robust earnings and offered a better-than-predicted outlook for its January quarter. Shares of the semiconductor firm rose following the report.
Broadcom
(ticker:
AVGO
) reported fiscal fourth-quarter adjusted earnings per share of $10.45, topping the $10.28 Wall Street consensus estimate, according to FactSet. Revenue arrived in at $8.9 billion, in line with expectations.
