Broadcom: Q2 Earnings Insights

 

Broadcom AVGO reported its Q2 earnings results on Thursday, May 26, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Broadcom beat estimated earnings by 4.25%, reporting an EPS of $9.07 versus an estimate of $8.7.

Revenue was up $1.49 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.31 which was followed by a 3.01% increase in the share price the next day.

Here's a look at Broadcom's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 8.08 7.74 6.88 6.42
EPS Actual 8.39 7.81 6.96 6.62
Revenue Estimate 7.60B 7.36B 6.76B 6.51B
Revenue Actual 7.71B 7.41B 6.78B 6.61B

To track all earnings releases for Broadcom visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews