Broadcom Q4 Adj. EPS $1.95 Beats $1.86 Estimate, Sales $18.015B Beat $17.494B Estimate

Broadcom (NASDAQ:AVGO) reported quarterly earnings of $1.95 per share which beat the analyst consensus estimate of $1.86 by 4.73 percent. This is a 37.32 percent increase over earnings of $1.42 per share from the same period last year. The company reported quarterly sales of $18.015 billion which beat the analyst consensus estimate of $17.494 billion by 2.98 percent. This is a 28.18 percent increase over sales of $14.054 billion the same period last year.