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

  • Broadcom Q4 2022 earnings infographic
  • Broadcom Q3 2022 earnings infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%

Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues

Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect

Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for

eBay (EBAY): A look at how the ecommerce company fared in Q1 2024

Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and

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