Broadcom Inc

NASDAQ:AVGO   3:59:56 PM EDT
490.46
-7.99 (-1.60%)
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Broadcom Inc Announces Second Quarter Fiscal Year 2022 Financial Results

Published: 05/26/2022 11:16 GMT
Broadcom Inc (AVGO) - Announces Second Quarter Fiscal Year 2022 Financial Results and Quarterly Dividends.
Q2 Non-GAAP Earnings per Share $9.07.
Q2 GAAP Earnings per Share $5.93.
Q2 Revenue Rose 23 Percent to $8.103 Billion.
Broadcom - New Share Repurchase Program Authorized Up to $10 Billion of Common Stock, Incremental to $3 Billion Remaining Under Current Authorization to Date.
Third Quarter Revenue Guidance of Approximately $8.4 Billion, an Expected Increase of 24 Percent From the Prior Year Period.
Third Quarter Adjusted EBITDA Guidance of Approximately 63.5 Percent of Projected Revenue.
Q2 Earnings per Share View $8.71, Revenue View $7.90 Billion -- Refinitiv Ibes Data (analyst estimates).
Q3 Revenue View $8.01 Billion -- Refinitiv Ibes Data (analyst estimates).