Broadcom Corp (BRCM) Tops Q2 EPS by 4c, Offers Q3 Guidance
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Broadcom Corp (NASDAQ: BRCM) reported Q2 EPS of $0.65, $0.04 better than the analyst estimate of $0.61. Revenue for the quarter came in at $2.04 billion versus the consensus estimate of $2.05 billion.
Broadcom Corp sees Q3 2014 revenue of $2.1-2.5 billion, versus the consensus of $2.18 billion.
BROADCOM CORPORATION Guidance for the Three Months Ending September 30, 2014 | |
Three Months Ending | |
September 30, 2014 | |
Total net revenue (GAAP) | ~$2.10 billion to ~$2.25 billion |
Product gross margin (GAAP) | 52.5% +/- 75 basis points |
Product gross margin (Non-GAAP) | 55.0% +/- 75 basis points |
For earnings history and earnings-related data on Broadcom Corp (BRCM) click here.
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