NVDA - Broadcom Shares Are Surging: What You Need To Know | Benzinga
Broadcom Inc. (NASDAQ:AVGO) shares are trading higher Monday afternoon. The significant rise follows the company’s second-quarter financial results, robust revenue guidance and the announcement of a 10-for-1 forward stock split.
What To Know: In its second-quarter report, Broadcom exceeded expectations with earnings per share (EPS) of $10.96, compared to the estimated $10.84. Revenue also surpassed forecasts, coming in at $12.487 billion versus the expected $12.028 billion. ...