Categories: AlphaGraphs

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

Recent Posts

CVS Health Reports Record 2025 Revenue of $402.1 Billion and Reaffirms 2026 Earnings Guidance

CVS Health Corporation (NYSE: CVS) reported record full-year 2025 consolidated revenues of $402.1 billion, a…

2 minutes ago

CVS Health (CVS) Q4 2025 revenue rises 8%; adjusted earnings decline

Healthcare solutions company CVS Health Corporation (NYSE: CVS) on Monday reported an increase in revenues…

17 minutes ago

DuPont Reports 2025 Full-Year Results and Issues 2026 Guidance Following Strategic Spinoffs

The industrial materials manufacturer reported flat fourth-quarter sales and a full-year organic growth rate of…

24 minutes ago

Harley-Davidson Q4 2025 Results Reflect Margin Pressure

Overview Harley-Davidson, Inc. reported consolidated fourth-quarter 2025 results that point to continued pressure on profitability…

35 minutes ago

KO Earnings: Key quarterly highlights from Coca-Cola’s Q4 2025 financial results

The Coca-Cola Company (NYSE: KO) reported its fourth quarter 2025 earnings results today. Net revenues…

49 minutes ago

KT Corp. Annual Operating Profit Surges 205% as AI and Real Estate Drive Growth

The South Korean telecommunications provider reported a significant increase in annual profit for 2025, supported…

1 hour ago