Broadcom (AVGO) Tops Q4 EPS by 10c, Offers Guidance

Broadcom (NASDAQ: AVGO) reported Q4 EPS of $11.06, $0.10 better than the analyst estimate of $10.96. Revenue for the quarter came in at $9.3 billion versus the consensus estimate of $9.28 billion.

GUIDANCE:

Broadcom sees FY2024 revenue of $50 billion, versus the consensus of $50.25 billion.

• Fiscal year 2024 adjusted EBITDA guidance of approximately 60 percent of projected revenue.

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

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• AeroVironment restates quarterly financials, citing $89M goodwill error
• FedEx (FDX) PT Lowered to $424 at Bernstein SocGen Group