Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 302.84

+2.0%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (90281)	6/1/2023 5:19:54 PM
From: Return to Sender	Read Replies (1) of 95503

Broadcom beats by $0.20, reports revs in-line; guides JulQ revs above consensus 4:18 PM ET 6/1/23 \| Briefing.com Reports Q2 (Apr) earnings of $10.32 per share, excluding non-recurring items, $0.20 better than the FactSet Consensus of $10.12; revenues rose 7.8% year/year to $8.73 bln vs the $8.7 bln FactSet Consensus. Co issues upside guidance for Q3 (Jul), sees Q3 revs of approximately $8.85 bln vs. $8.71 bln FactSet Consensus.Co also expects cash flows to remain strong for Q3.Co added, "Broadcom's second quarter results were driven by demand for next generation technologies from hyperscale, while enterprise and service providers continued to sustain. Our third quarter outlook projects year-over-year growth, reflecting continued leadership in networking as we support a measured ramp into large scale AI networks."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next