Broadcom AVGO revenue and AI outlook lift, shares slip premarket
Broadcom Inc. (AVGO) fell 2.24% premarket after reporting third-quarter revenue of $29.59 billion (up 86% YoY) and non-GAAP diluted EPS of $3.32, both above LSEG consensus.
Broadcom Inc.
NASDAQ:AVGO fell 2.24% premarket after reporting third-quarter revenue of $29.59 billion, up 86% from a year ago, and non-GAAP diluted EPS of $3.32, both above LSEG consensus of $29.36 billion and $3.24.
Net income more than tripled to $13.09 billion from $4.14 billion, while free cas…