TECH - Broadcom Q2 Earnings: Revenue EPS Beat Driven By Strong AI Demand Guidance Raise Stock Split And More | Benzinga
Broadcom Inc (NASDAQ:AVGO) reported second-quarter financial results after the market close on Wednesday. Here’s a look at the key metrics from the quarter.
Q2 Earnings: Broadcom reported second-quarter revenue of $12.487 billion, beating analyst estimates of $12.028 billion, according to Benzinga Pro. The semiconductor company reported second-quarter earnings per share of $10.96, beating analyst estimates of $10.84. Broadcom has now beat EPS estimates in 16 consecutive quarters.
Broadcom generated $4.58 billion in cash from operations during the quarter. The company ended the quarter with $9.809 billion in ...