Broadcom reported semiconductor solutions revenue of $4.90 billion for its fiscal first quarter ended Jan. 31, slightly below analyst estimates of $4.95 billion, according to IBES data from Refinitiv.
Broadcom forecast second-quarter revenue of about $6.5 billion, compared with analysts’ estimates of $6.33 billion, according to IBES data from Refinitiv. Excluding items, the company earned $6.61 per share in the fiscal first quarter, beating analysts’ estimate of $6.56 per share.
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