Broadcom Inc. Announces Second Quarter Fiscal Year 2020 Financial Results and Quarterly Dividends
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Broadcom Limited (AVGO) PT Raised to $360 at KeyBanc Following 2Q Report
June 5, 2020 9:00 AM EDTKeyBanc analyst Weston Twigg raised the price target on Broadcom Limited (NASDAQ: AVGO) to $360.00 (from $290.00) while maintaining a Overweight rating following the company's 2Q earnings report. F2Q revenue of $5.74B was higher than the consensus of $5.69B. F2Q EPS of... More
Broadcom Limited (AVGO) PT Raised to $305 at Cowen
June 5, 2020 8:47 AM EDTCowen analyst Matthew Ramsay raised the price target on Broadcom Limited (NASDAQ: AVGO) to $305.00 (from $230.00) while maintaining a Market Perform rating following the company's 2Q earnings report. Broadcom posted slightly higher F2Q results with revenue and EPS coming in above forecasts. Both Semiconductor Solutions... More
Broadcom Limited (AVGO) PT Raised to $360 at Piper Sandler Following Earnings Report
June 5, 2020 8:03 AM EDTPiper Sandler analyst Harsh Kumar raised the price target on Broadcom Limited (NASDAQ: AVGO) to $360.00 (from $300.00) while maintaining a Overweight rating following the company's earnings report. For the April quarter, the company reported an EPS of $5.14 on revenue of $5.74 billion, compared to Street expectations of... More
Broadcom Limited (AVGO) PT Raised to $370 at Rosenblatt Following 2Q Report
June 5, 2020 7:56 AM EDTRosenblatt analyst Hans Mosesmann raised the price target on Broadcom Limited (NASDAQ: AVGO) to $370.00 (from $350.00) while maintaining a Buy rating following the company's 2Q earnings report. Broadcom reported April quarter sales of $5.74 billion, above the consensus estimate of $5.69 billion. Non-GAAP EPS of $5.14 was above... More
Broadcom (AVGO) Reports In-Line Q2 EPS, Revenues Beat; Offers 3Q Revenue Guidance
June 4, 2020 4:18 PM EDTBroadcom (NASDAQ: AVGO) reported Q2 EPS of $5.14, in-line with the analyst estimate of $5.14. Revenue for the quarter came in at $5.74 billion versus the consensus estimate of $5.69 billion.
Revenue of $5,742 millionGAAP net income of $563 millionAdjusted EBITDA of $3,209 millionGAAP diluted EPS of $1.17Non-GAAP diluted EPS of $5.14 -- $3,065 million of free cash flow from operations, defined as cash... More