Broadcom earnings beat by $0.20, revenue topped estimates

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Broadcom earnings beat by $0.20, revenue topped estimates
Credit: © Reuters.

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

Guidance

Broadcom sees Q3 2023 revenue of $8.85B versus the analyst consensus of $8.72B.

Broadcom's stock price closed at $789.95. It is up 24.84% in the last 3 months and up 36.97% in the last 12 months.

Broadcom saw 18 positive EPS revisions and 3 negative EPS revisions in the last 90 days. See Broadcom's stock price’s past reactions to earnings here.

According to InvestingPro, Broadcom's Financial Health score is "great performance".

Check out Broadcom's recent earnings performance , and Broadcom's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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