Company news: Broadcom’s (AVGO) quarterly results slightly top analysts’ estimates

Broadcom (AVGO) reported Q2 FY2025 earnings of $1.58 per share (versus $10.96 per share in Q2 FY2024), slightly beating analysts’ consensus estimate of $1.57 per share.

The company’s quarterly revenues amounted to $15.004 bln (+20.2% y/y), slightly beating analysts’ consensus estimate of $14.958 bln.

The company also issued upside revenue guidance for Q3 FY2025 of $15.80 bln versus analysts’ consensus estimate of $15.75 bln.

AVGO fell to $251.95 (-3.07%) in pre-market trading.