Broadcom (BRCM) Q3 Beats the Street; Q4 Guidance Disappoints
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Broadcom Corp (NASDAQ: BRCM) reported Q3 EPS of $0.82, $0.06 better than the analyst estimate of $0.76. Revenue for the quarter came in at $1.96 billion versus the consensus estimate of $1.95 billion.
Sees Q4 sales of $1.7-$1.8 billion, which compares to the Street estimate of $2.01 billion. The company sees adj-gross margins flat to down slightly from the third quarter.
Sees Q4 sales of $1.7-$1.8 billion, which compares to the Street estimate of $2.01 billion. The company sees adj-gross margins flat to down slightly from the third quarter.
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