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Technology Stocks : Semi Equipment Analysis

SOXX 297.50

-2.6%

Nov 6 4:00 PM EST

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Sam

To: Sam who wrote (93470)	12/12/2024 4:33:40 PM
From: Return to Sender	1 Recommendation of 95383

Broadcom beats by $0.03, reports revs in-line; guides Q1 revs above consensus; increases dividend 4:18 PM ET 12/12/24 \| Briefing.com Reports Q4 (Oct) earnings of $1.42 per share, excluding non-recurring items, $0.03 better than the FactSet Consensus of $1.39; revenues rose 51.2% year/year to $14.05 bln vs the $14.07 bln FactSet Consensus.Co added, "Semiconductor revenue was a record $30.1 billion driven by AI revenue of $12.2 billion. AI revenue which grew 220 percent year-on-year was driven by our leading AI XPUs and Ethernet networking portfolio."Co issues upside guidance for Q1 (Jan), sees Q1 revs of approximately $14.6 bln vs. $14.55 bln FactSet Consensus.Quarterly common stock dividend increased by 11% from the prior quarter to $0.59 per share.

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