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Technology Stocks : Semi Equipment Analysis

SOXX 306.55

+0.4%

Oct 31 5:00 PM EST

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To: Return to Sender who wrote (91884)	3/7/2024 4:51:54 PM
From: Return to Sender	1 Recommendation Read Replies (2) of 95333

Broadcom beats by $0.62, beats on revs; reaffirms FY24 revs guidance 4:17 PM ET 3/7/24 \| Briefing.com Reports Q1 (Jan) earnings of $10.99 per share, excluding non-recurring items, $0.62 better than the FactSet Consensus of $10.37; revenues rose 34.2% year/year to $11.96 bln vs the $11.79 bln FactSet Consensus. Co reaffirms guidance for FY24 (Oct), sees FY24 revs of approximately $50.0 bln vs. $50.2 bln FactSet Consensus.Co added, "Strong demand for our networking products in AI data centers, as well as custom AI accelerators from hyperscalers, are driving growth in our semiconductor segment."

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