Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Broadcom beat earnings and revenue estimates, saw stock rise, and declared a dividend.
Broadcom Inc. reported strong second-quarter results on September 4, with earnings of $1.69 per share and $15.95 billion in revenue, both exceeding expectations and marking a 22% year-over-year revenue increase.
The stock rose 2.9% during the quarter, trading at $327.90 on September 30, above its 50-day and 200-day moving averages, and reached a 52-week high of $374.23.
The company maintains a $1.55 trillion market cap, a 36.6% return on equity, and a 31.59% net margin.
Broadcom declared a $0.59 quarterly dividend, payable September 30, yielding 0.7% annually.
Insiders sold $225.6 million in stock over three months, while buying $1.2 million.
Analysts rate the stock a “Buy” with a $356.48 target.
Broadcom superó las estimaciones de ganancias e ingresos, vio subir las acciones y declaró un dividendo.