Broadcom (AVGO) Tops Q1 EPS by 31c, Q2 Revenue Guidance Beats

Broadcom (NASDAQ: AVGO) reported Q1 EPS of $8.39, $0.31 better than the analyst estimate of $8.08. Revenue for the quarter came in at $7.7 billion versus the consensus estimate of $7.6 billion.

GUIDANCE:

Broadcom sees Q2 2022 revenue of $7.9 billion, versus the consensus of $7.43 billion.

• Second quarter Adjusted EBITDA guidance of approximately 62.5 percent of projected revenue.

For earnings history and earnings-related data on Broadcom (AVGO) click here.

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