Broadcom Inc.
shares slipped in the extended session Thursday after the chip maker topped Wall Street earnings estimates but left its outlook unchanged. Broadcom shares declined 2.2% after hours, following a 0.8% rise in the regular session to close at $300.58. The company reported fiscal third-quarter net income of $715 million, or $1.71 a share, compared with $1.2 billion, or $2.71 a share, in the year-ago period. Adjusted earnings were $5.16 a share. Revenue rose to $5.52 billion from $5.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's a win-win way to trade Broadcom's earnings reportBroadcom's upcoming earnings release gives traders a window of opportunity to trade the semiconductor stock's implied move, says options expert Dan Nathan.
Source: CNBC - 🏆 12. / 72 Read more »
Lionsgate CEO: Future of Starz Remains ‘Highest Priority’ for BusinessLionsgate Chief Executive Officer Jon Feltheimer offered a bullish outlook and pledged to seek an improved Wall Street profile for the company — which has seen its stock lose about half its v… MakkOlga Bring us SAS Red Notice with Sam Heughan instant boost
Source: Variety - 🏆 108. / 63 Read more »
Aurora Cannabis stock drops after earnings as revenue misses revised targetAurora Cannabis Inc. shares declined in the extended session Wednesday after the pot company missed revenue expectations even after dropping its forecast. 🤦🏻♂️
Source: MarketWatch - 🏆 3. / 97 Read more »
Japan's machinery orders slip as trade gloom hits business spendingJapan's machinery orders slipped in July, albeit at a slower-than-expected ...
Source: Reuters - 🏆 2. / 97 Read more »