Broadcom (NASDAQ:AVGO) Reports Solid Q3-2022 Results; Here are the Numbers
After market close today, infrastructure and software solutions company Broadcom (NASDAQ: AVGO) released its Fiscal Q3-2022 earnings results. Both earnings per share (EPS) and revenue came in stronger than expected. The company''s Q4 guidance also came ahead of market expectations. As a result, the stock is trending slightly higher in the after-hours session. Broadcom''s revenue of $8.46 billion grew 25% on a year-over-year basis, beating the consensus estimate of about $8.41 billion. AVGO''s earnings per share came in at $9.73, beating the $9.56 estimate, and its Q3 non-GAAP net income was $4.24 billion, better than the ~$3.12 billion gain in the same quarter last year.
Broadcom (NASDAQ:AVGO) Reports Solid Q3-2022 Results; Here are the Numbers
After market close today, infrastructure and software solutions company Broadcom (NASDAQ: AVGO) released its Fiscal Q3-2022 earnings results. Both earnings per share (EPS) and revenue came in stronger than expected. The company''s Q4 guidance also came ahead of market expectations. As a result, the stock is trending slightly higher in the after-hours session. Broadcom''s revenue of $8.46 billion grew 25% on a year-over-year basis, beating the consensus estimate of about $8.41 billion. AVGO''s earnings per share came in at $9.73, beating the $9.56 estimate, and its Q3 non-GAAP net income was $4.24 billion, better than the ~$3.12 billion gain in the same quarter last year.