Broadcom rises after upbeat quarterly revenue forecast
ReutersMar 6, 2025 9:29 PM
Shares of chipmaker Broadcom AVGO.O rise ~7% to $190 in extended trading
Company forecasts Q2 revenue of about $14.9 billion, compared with estimates of $14.76 billion, according to data compiled by LSEG
Company posts Q1 adjusted profit of $1.60/shr vs estimates of $1.49/shr
Company reports Q1 revenue of $14.92 billion, compared with $11.96 billion a year ago
Up till last close, stock down 22.64% YTD
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