Benzinga | Mar 4, 2021 04:18PM EST

Broadcom Q1 Adj. EPS $6.61 Beats $6.55 Estimate, Sales $6.66B Beat $6.61B Estimate

Broadcom (NASDAQ:AVGO) reported quarterly earnings of $6.61 per share which beat the analyst consensus estimate of $6.55 by 0.92 percent. This is a 25.9 percent increase over earnings of $5.25 per share from the same period last year. The company reported quarterly sales of $6.66 billion which beat the analyst consensus estimate of $6.61 billion by 0.68 percent. This is a 13.61 percent increase over sales of $5.86 billion the same period last year.