Broadcom (AVGO) Reports In-Line Q2 EPS, Revenues Beat; Offers 3Q Revenue Guidance

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Go back to Broadcom (AVGO) Reports In-Line Q2 EPS, Revenues Beat; Offers 3Q Revenue Guidance

Broadcom Inc. Announces Second Quarter Fiscal Year 2020 Financial Results and Quarterly Dividends

June 4, 2020 4:15 PM EDT

SAN JOSE, Calif., June 4, 2020 /PRNewswire/ -- Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today reported financial results for its second quarter of fiscal year 2020, ended May 3, 2020, provided guidance for the third quarter of its fiscal year 2020 and announced its quarterly dividends.

"Second quarter results were in-line with our expectations, and saw limited impact from the effects of COVID-19," said Hock Tan, President and CEO of Broadcom Inc. "Looking ahead, our third quarter guidance for semiconductors reflects a surge... More