Broadcom (AVGO) Tops Q2 EPS by 20c, Offers Guidance

Broadcom (NASDAQ: AVGO) reported Q2 EPS of $10.32, $0.20 better than the analyst estimate of $10.12. Revenue for the quarter came in at $8.73 billion versus the consensus estimate of $8.7 billion.

GUIDANCE:

Broadcom sees Q3 2023 revenue of $8.85 billion, versus the consensus of $8.72 billion.

• Third quarter Adjusted EBITDA guidance of approximately 65 percent of projected revenue.

For earnings history and earnings-related data on Broadcom (AVGO) click here.

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