TL;DR CNBC

Broadcom beats earnings estimates, announces 10-for-1 stock split

Publishing timestamp: 2024-06-12 17:19:55

Summary

Broadcom beat analysts' estimates for the second fiscal quarter, announced a 10-for-1 stock split, and expects sales to increase in fiscal 2024. The company's revenue was up 43% on an annual basis, with a significant portion attributed to AI products.

Sentiment: POSITIVE

Tickers: AVGO,  GOOGL, 

Keywords: broadcom inc,  breaking news: technology,  earnings,  business news,  alphabet inc, 

Source: https://www.cnbc.com/2024/06/12/broadcom-beats-earnings-estimates-announces-10-for-1-stock-split.html