Broadcom (AVGO) Tops Q4 EPS by 4c, FY20 Revenue Guidance Beats
Broadcom (NASDAQ: AVGO) reported Q4 EPS of $5.39, $0.04 better than the analyst estimate of $5.35. Revenue for the quarter came in at $5.78 billion versus the consensus estimate of $5.74 billion.
GUIDANCE:
Broadcom sees FY2020 revenue of $25 billion, versus the consensus of $23.26 billion.
- Adjusted EBITDA is expected to be $13.75 billion plus or minus $250 million.
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