Broadcom Inc. (AVGO) announced earnings for its third quarter that Increases, from the same period last year
The company's bottom line came in at $8.518 billion, or $1.74 per share. This compares with $4.324 billion, or $0.90 per share, last year.
Excluding items, Broadcom Inc. reported adjusted earnings of $9.714 billion or $1.95 per share for the period.
The company's revenue for the period rose 28.2% to $18.015 billion from $14.054 billion last year.
Broadcom Inc. earnings at a glance (GAAP) :
-Earnings: $8.518 Bln. vs. $4.324 Bln. last year.-EPS: $1.74 vs. $0.90 last year.-Revenue: $18.015 Bln vs. $14.054 Bln last year.
-Guidance:Next quarter revenue guidance: $19.1 Bln
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.