Categories AlphaGraphs, Earnings, Technology
AVGO Earnings: Broadcom Q2 2024 revenue and profit beat estimates
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Wednesday reported higher second-quarter revenues and adjusted earnings. The results also topped analysts’ expectations.
Earnings, excluding non-recurring items, came in at $10.96 per share in the April quarter, compared to last year’s profit of $10.32 per share. The bottom line beat estimates. Unadjusted net income was $2.12 billion or $4.42 per share in Q2, vs. $3.48 billion or $8.15 per share in the second quarter of last year.
Second-quarter revenues totaled $12.49 billion, compared to $8.73 billion in the corresponding quarter of 2023. Analysts had forecast a slower top-line growth for the latest quarter.
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Key highlights from Paychex’s (PAYX) Q4 2024 earnings results
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GIS Earnings: Key quarterly highlights from General Mills’ Q4 2024 financial results
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FDX Earnings: FedEx Corporation reports higher Q4 revenue and adj. profit
Cargo giant FedEx Corporation (NYSE: FDX) Tuesday reported an increase in revenues and adjusted earnings for the fourth quarter of 2024. The positive top-line performance reflects revenue growth in the
