Categories AlphaGraphs, Earnings, Technology
AVGO Earnings: Broadcom Q4 profit beats estimates; revenue up 4%
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported stronger-than-expected earnings for the fourth quarter. The tech firm also provided guidance for fiscal 2024.
Earnings, excluding non-recurring items, came in at $11.06 per share in the October quarter, compared to last year’s profit of $10.45 per share. Unadjusted net income was $3.52 billion or $8.25 per share in Q4, vs. $3.36 billion or $7.83 per share in the fourth quarter of 2022.
Fourth-quarter revenues totaled $9.30 billion, compared to $8.93 billion last year. The management said it expects fiscal 2024 revenues to be around $50 billion. Earnings beat analysts’ estimates.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Infographic: How Lennar (LEN) performed in Q4 2025
Lennar Corporation (NYSE: LEN) reported total revenues of $9.4 billion for the fourth quarter of 2025, compared to $9.9 billion reported in the same period a year ago. Net earnings
Paychex expected to report higher revenue and earnings for Q2 FY26
Paychex, Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is undergoing an AI-driven transformation that enhances both its internal operations and client-facing services. Entering fiscal 2026, the
Signet Jewelers (SIG): A look at the progress made on Grow Brand Love
Shares of Signet Jewelers Limited (NYSE: SIG) fell over 3% on Tuesday. The stock has gained 3% year-to-date. The jewelry retailer delivered strong results for the third quarter of 2026,
