Lates News

Broadcom's adjusted net revenue for the first quarter was $19.31 billion, slightly higher than analysts' expectations of $19.26 billion. Adjusted earnings per share for the first quarter were $2.05, exceeding analysts' expectations of $2.03. The company plans to implement a new stock buyback plan, with a maximum amount of $10 billion, which has been approved by the board of directors. Revenue for the second quarter is expected to be around $22 billion, higher than analysts' expectations of $20.53 billion.