Broadcom Inc. Announces Third Quarter Fiscal Year 2023 Financial Results and Quarterly Dividend

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Go back to Broadcom Inc. Announces Third Quarter Fiscal Year 2023 Financial Results and Quarterly Dividend

Broadcom Limited (AVGO) PT Raised to $1,000 at Rosenblatt

September 1, 2023 6:41 AM EDT

Rosenblatt analyst Hans Mosesmann raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,000.00 (from $900.00) while maintaining a Buy rating.

The analyst commented, "Broadcom delivered July quarter results slightly below our estimates and in-line with consensus, as AI-driven networking/hyperscale momentum was offset... More

Broadcom (AVGO) Tops Q3 EPS by 11c

August 31, 2023 4:16 PM EDT

Broadcom (NASDAQ: AVGO) reported Q3 EPS of $10.54, $0.11 better than the analyst estimate of $10.43. Revenue for the quarter came in at $8.88 billion versus the consensus estimate of $8.85 billion.

GUIDANCE:

Broadcom sees Q4 2023 revenue of $9.27 billion, versus the consensus of $9.28 billion. Fourth quarter... More