Broadcom: beats consensus in Q3

(CercleFinance.com) - On Thursday evening Broadcom unveiled Q3 2019-20 adjusted (non-GAAP) EPS of 5.
40 dollars, up nearly 5% y-o-y, beating the consensus by about 20 cents.

Also on an adjusted basis, the San Jose, California-based supplier of semiconductor products increased its EBITDA by 9% to 3.34 billion dollars, for sales growth of 6% to 5.82 billion dollars.

Based on current business conditions and trends, Broadcom expects adjusted EBITDA for the current quarter to be 3,744 million dollars (plus or minus 75 million dollars), and sales of 6.4 billion dollars (plus or minus 150 million dollars).


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