Categories AlphaGraphs, Earnings, Technology

AVGO Earnings: Key quarterly highlights from Broadcom Q2 financial results

Broadcom Inc. (NASDAQ: AVGO) reported second quarter 2021 earnings results today.

Revenues grew 15% year-over-year to $6.6 billion.  

GAAP net income was $1.4 billion, or $3.30 per share, compared to $563 million, or $1.17 per share, last year. Adjusted EPS amounted to $6.62.

Both revenue and earnings surpassed market expectations.

For the third quarter of 2021, revenue is expected to increase 16% YoY to approx. $6.75 billion.

The board has approved a dividend of $3.60 per common share, payable on June 30, 2021 to stockholders of record as of June 22, 2021.

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

KR Earnings: Kroger Q3 sales, profit increase and top expectations

Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to

CrowdStrike: Why this cybersecurity stock is a good investment for 2023

CrowdStrike Holdings, Inc. (NASDAQ: CRWD) has steadily expanded its subscriber base over the years, riding the ever-growing demand for cybersecurity solutions. As digital adoption continues -- which accelerated after the

CRM Results: Salesforce Q3 earnings beat; revenues rise 14%

Customer relationship management platform Salesforce, Inc. (NYSE: CRM) on Wednesday reported an increase in third-quarter adjusted earnings, aided by double-digit growth in revenues. The numbers surpassed analysts' predictions. Third-quarter profit,

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