Broadcom (AVGO) Tops Q3 EPS by 3c, Offers Guidance

Broadcom (NASDAQ: AVGO) reported Q3 EPS of $1.24, $0.03 better than the analyst estimate of $1.21. Revenue for the quarter came in at $13.07 billion versus the consensus estimate of $12.97 billion.

GUIDANCE:

Broadcom sees Q4 2024 revenue of $14 billion, versus the consensus of $14.13 billion.

• Fourth quarter revenue guidance of approximately $14.0 billion; and
• Fourth quarter Adjusted EBITDA guidance of approximately 64 percent of projected revenue.

(Update corrects Q4 consensus revenue.)

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

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