Categories AlphaGraphs, Earnings, Technology
Broadcom (AVGO) reports Q3 earnings. Here’s all you need to know
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported financial results for the third quarter of 2023. The tech firm also provided guidance for the fourth quarter.
Earnings, excluding non-recurring items, came in at $10.54 per share in the July quarter, compared to last year’s profit of $9.73 per share. Unadjusted net income was $3.30 billion or $7.74 per share in Q3, vs. $3.07 billion or $7.15 per share in the third quarter of 2022.
Third-quarter revenues totaled $8.88 billion, compared to $8.46 billion last year. The management provided guidance for the fourth quarter of the fiscal year.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
