Broadcom (AVGO) Tops Q4 EPS by 10c, Offers Guidance

Broadcom (NASDAQ: AVGO) reported Q4 EPS of $11.06, $0.10 better than the analyst estimate of $10.96. Revenue for the quarter came in at $9.3 billion versus the consensus estimate of $9.28 billion.

GUIDANCE:

Broadcom sees FY2024 revenue of $50 billion, versus the consensus of $50.25 billion.

• Fiscal year 2024 adjusted EBITDA guidance of approximately 60 percent of projected revenue.

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

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