Broadcom Inc. Announces Second Quarter Fiscal Year 2020 Financial Results and Quarterly Dividends
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June 5, 2020 9:00 AM EDT
KeyBanc 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
June 5, 2020 8:47 AM EDT
Cowen 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
June 5, 2020 8:03 AM EDT
Piper 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
June 5, 2020 7:56 AM EDT
Rosenblatt 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
June 4, 2020 4:18 PM EDT
Broadcom (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...
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