Broadcom Inc

NASDAQ:AVGO   3:59:59 PM EDT
475.88
+5.18 (+1.10%)
Other Pre-Announcement

Broadcom Inc Announces Second Quarter Fiscal Year 2021 Results

Published: 06/03/2021 20:26 GMT
Broadcom Inc (AVGO) - .
Announces Second Quarter Fiscal Year 2021 Financial Results and Quarterly Dividends.
Q2 Non-GAAP Earnings per Share $6.62.
Q2 GAAP Earnings per Share $3.30.
Q2 Revenue $6.61 Billion Versus Refinitiv Ibes Estimate of $6.51 Billion.
Q2 Earnings per Share Estimate $6.43 -- Refinitiv Ibes Data (analyst estimates).
Sees Q3 Revenue About $6.75 Billion.
Sees Q3 Revenue Up 16 Percent.
Saw Strength in Demand for Semiconductors Across Multiple End Markets.
Expecting Free Cash Flow to Remain Strong in Q3.
Q3 Adjusted EBITDA Guidance of About 60% of Projected Revenue.
Q3 Revenue View $6.60 Billion -- Refinitiv Ibes Data (analyst estimates).