Will's Blog: Broadcom reports Q3 revenue up 47% YoY to $13.07B, vs. $12.96B est., and forecasts Q4 revenue of $14B, vs. $14.13B est.; AVGO drops 7%+ after hours (Larry Dignan/Constellation Research)

5 September 2024

Broadcom reports Q3 revenue up 47% YoY to $13.07B, vs. $12.96B est., and forecasts Q4 revenue of $14B, vs. $14.13B est.; AVGO drops 7%+ after hours (Larry Dignan/Constellation Research)

Larry Dignan / Constellation Research:
Broadcom reports Q3 revenue up 47% YoY to $13.07B, vs. $12.96B est., and forecasts Q4 revenue of $14B, vs. $14.13B est.; AVGO drops 7%+ after hours — Broadcom reported better-than-expected third quarter results as revenue growth was driven by Ethernet networking and custom accelerators for AI data centers.

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