JMP Securities Downgrades Broadcom (BRCM) to Market Perform

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Broadcom (BRCM) Tops Q4 EPS by 3c

January 29, 2015 4:09 PM EST

Broadcom (NASDAQ: BRCM) reported Q4 EPS of $0.90, $0.03 better than the analyst estimate of $0.87. Revenue for the quarter came in at $2.14 billion versus the consensus estimate of $2.11 billion.

"Better than anticipated revenue produced operating results above consensus for the quarter, driven by stronger Broadband and... More