Broadcom Expects $6.5 Billion in 2Q Revenue
By Allison Prang
Broadcom Inc. is guiding for its second-quarter revenue to be
above what Wall Street is expecting.
Broadcom said for the quarter ending May 2, it expects about
$6.5 billion in revenue, up 13% from the prior-year period.
According to FactSet, analysts are expecting $6.33 billion.
The company is expecting adjusted earnings before interest,
taxes, depreciation and amortization to be about 59% of projected
revenue, it said.
Write to Allison Prang at firstname.lastname@example.org
(END) Dow Jones Newswires
March 04, 2021 16:55 ET (21:55 GMT)
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