Broadcom earnings beat, but Q4 revenue guidance disappoints

) reported fiscal third quarter results that topped expectations. Adjusted earnings of $1.24 per share topped the $1.22 estimate. Revenue of $13.07 billion was slightly better than the expected $13.03 billion.

And of course, there's been plenty of analysts who think this has been a smart way to play that a I theme Broadcom part helps companies, uh, design custom chips for their A i initiatives.But at least initially here, after hours and some disappointment, yeah, and just to give a little bit of perspective on that $12 billion figure, the projected sales from analyst for the entire year is just over $51 billion.

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Redwire to Present at the H.C. Wainwright 26th Annual Global Investment Conference on September 9, 2024

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