Categories AlphaGraphs, Earnings, Technology

A visual dashboard of Broadcom (AVGO) Q2 2020 earnings results

Broadcom (NASDAQ: AVGO) reported non-GAAP EPS of $5.14 for the second quarter of 2020 on revenue of $5.74 billion. While the earnings came in line with the analysts’ estimates, revenue surpassed the consensus view. AVGO shares dropped about 2% immediately after the earnings announcement.

Broadcom (AVGO) Q2 2020 earnings infograph

“Second quarter results were in-line with our expectations, and saw limited impact from the effects of COVID-19,” said CEO Hock Tan.

For the third quarter of 2020, Broadcom expects revenue to be $5.75 billion plus or minus $150 million and adjusted EBITDA of $3.22 billion plus or minus $75 million.

Most Popular

What awaits MongoDB (MDB) after the much-awaited turnaround?

MongoDB, Inc. (NASDAQ: MDB), the tech firm that pioneered a new method for creating databases, enables developers to work with high volumes of varied data effortlessly. The company this week

Earnings: A snapshot of GameStop’s Q3 2022 financial performance

GameStop Corp. (NYSE: GME) reported a narrower net loss for the third quarter of 2022 despite the gaming company’s sales decreasing year-over-year. The company reported a net loss of $94.7 million

Here’s why Signet Jewellers (SIG) is confident about its long-term growth opportunity

Shares of Signet Jewelers Limited (NYSE: SIG) were up 5% on Wednesday. The stock has gained 32% over the past three months. A day ago, the company delivered better-than-expected earnings

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top