TMTB: AVGO First Takes
AVGO -4%: Revs/Eps in lineish with expects, but Q4 revs misses buyside bogey
Q4 revs guide of $14B vs buyside at $14.2B and street at $14.13B
Q4 EBITDA guide of 64% vs street at 63%.
AI target raised to $12B for FY24 although some maybe wanted a “$12B+”
Q3 Details
- ADJ EPS $1.24, EST $1.22
- ADJ net revenue $13.07B, EST $13.03B
- Semiconductor solutions reven…
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