Categories AlphaGraphs, Earnings, Technology
Broadcom (AVGO) reports Q3 earnings. Here’s all you need to know
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported financial results for the third quarter of 2023. The tech firm also provided guidance for the fourth quarter.
Earnings, excluding non-recurring items, came in at $10.54 per share in the July quarter, compared to last year’s profit of $9.73 per share. Unadjusted net income was $3.30 billion or $7.74 per share in Q3, vs. $3.07 billion or $7.15 per share in the third quarter of 2022.
Third-quarter revenues totaled $8.88 billion, compared to $8.46 billion last year. The management provided guidance for the fourth quarter of the fiscal year.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
NKE Earnings Preview: Nike likely to report mixed Q1 results
Nike, Inc. (NYSE: NKE) ended fiscal 2023 on an unimpressive note, reporting weaker-than-expected earnings for the final months of the year when the sneaker giant’s revenues increased modestly. The company's
KB Home (KBH): A look at how the homebuilder fared in its most recent quarter
Shares of KB Home (NYSE: KBH) were down on Friday. The stock has gained 43% year-to-date and 68% over the past 12 months. The homebuilder delivered better-than-expected results for the
UnitedHealth Group (UNH) looks unfazed by short-term challenges
Healthcare conglomerate UnitedHealth Group (NYSE: UNH) has a good track record of effectively navigating challenges. The company's diversified offerings help it deliver consistent revenue and profit growth. Recently, profitability came
