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Technology Stocks : Semi Equipment Analysis

SOXX 281.61

+1.7%

Nov 19 4:00 PM EST

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To: Return to Sender who wrote (89837)	3/2/2023 5:11:41 PM
From: Return to Sender	1 Recommendation Read Replies (1) of 95443

Broadcom beats by $0.17, reports revs in-line; guides Q2 revs above consensus 4:17 PM ET 3/2/23 \| Briefing.com Reports Q1 (Jan) earnings of $10.33 per share, excluding non-recurring items, $0.17 better than the S&P Capital IQ Consensus of $10.16; revenues rose 15.7% year/year to $8.91 bln vs the $8.90 bln S&P Capital IQ Consensus.Co added, "Broadcom's first quarter performance reflects continued strength in infrastructure demand across all our end markets."Co issues upside guidance for Q2 (Apr), sees Q2 revs of $8.70 bln vs. $8.6 bln S&P Capital IQ Consensus.Expects adjusted EBITDA of approx. 64.5% of projected revs.

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