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Broadcom climbs after upbeat quarterly revenue forecast

ReutersMar 7, 2025 11:28 AM

Shares of chipmaker Broadcom AVGO.O rise 11.4% to $199.84 premarket

On Thursday, co forecast Q2 sales of about $14.90 bln, above analysts' est of $14.76 bln - LSEG

Co reports Q1 adj profit of $1.60/shr vs estimates of $1.49/shr

Co posts Q1 sales of $14.92 bln vs estimates of $14.61 bln - LSEG

Stock more than doubled in 2024

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