Broadcom CEO: Q3 Networking Revenue Was $2.8B And Was Up 20% Year On Year - Conf. Call
Portfolio Pulse from Benzinga Newsdesk
Broadcom's Q3 networking revenue was reported to be $2.8 billion, marking a 20% increase year on year, as announced by the CEO during a conference call.
August 31, 2023 | 9:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Broadcom's Q3 networking revenue increased by 20% YoY to $2.8 billion, which could positively impact the company's stock.
Broadcom's significant increase in Q3 networking revenue indicates strong performance and growth, which is likely to be viewed positively by investors and could lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100