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Broadcom: beats consensus in Q2
(CercleFinance.com) - On Thursday night Broadcom unveiled adjusted (non-GAAP) EPS of 4.
88 dollars for its second fiscal quarter, up nearly a third y-o-y, while the consensus was expecting 20 cents less. Still in adjusted terms, the supplier of semiconductor products improved its gross margin by 3.5 points to 66.6%, for sales that are up 19% to just over 5 billion dollars. As a reminder, in early April the group completed its process of re-domiciliation in the US, a process that was announced during its battle to take control of its competitor Qualcomm. The group was previously based in Singapore. Copyright (c) 2018 CercleFinance.com. All rights reserved. |
19/04/2024 17:30
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