Broadcom (AVGO) Tops Q2 EPS by 20c, Q3 Rev. Guidance Beats
Broadcom (NASDAQ: AVGO) reported Q2 EPS of $6.62, $0.20 better than the analyst estimate of $6.42. Revenue for the quarter came in at $6.61 billion versus the consensus estimate of $6.51 billion.
GUIDANCE:
Broadcom sees Q3 2021 revenue of $6.75 billion, versus the consensus of $6.59 billion.
- Third quarter Adjusted EBITDA guidance of approximately 60 percent of projected revenue
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