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
Earnings Preview: DocuSign likely had a positive start to fiscal 2025
DocuSign, Inc. (NASDAQ: DOCU) has long been a dominant player in the e-signature market, but it entered a rough patch after growth slowed in recent years due to competition and
What to look for when JM Smucker (SJM) reports its Q4 2024 earnings results
Shares of the J.M. Smucker Co. (NYSE: SJM) stayed red on Monday. The stock has dropped 11% year-to-date. The branded foods company is set to report its fourth quarter 2024
Is Costco (COST) stock a good investment after strong Q3 report?
Costco Wholesale Corporation’s (NASDAQ: COST) stock dropped last week despite the warehouse club reporting strong third-quarter results, even as the management maintained membership fees unchanged against expectations for an increase.
