Semiconductor firm Broadcom, Inc. (NASDAQ: AVGO) is anticipated to report fourth-quarter 2024 outcomes as we speak at 4:15 p.m. ET. The market is searching for a rise in revenues and earnings.
Take heed to Broadcom’s earnings name stay and test the real-time transcript
Adjusted revenue is anticipated to extend to $1.39 per share within the October quarter from $1.11 per share within the year-ago quarter. This fall income is anticipated to extend about 51% year-over-year to $14.06 billion.
Within the third quarter, revenues rose to $13.07 billion from $8.88 billion within the prior-year interval. Adjusted earnings have been $1.24 per share, up 18% year-over-year. On an unadjusted foundation, it was a web lack of $1.88 billion or $0.40 per share in Q3, in comparison with a revenue of $3.3 billion or $0.77 per share within the prior-year quarter.
