Benzinga | Sep 2, 2021 04:16PM EDT

Broadcom Q3 Adj. EPS $6.96 Beats $6.88 Estimate, Sales $6.78B Beat $6.76B Estimate

Broadcom (NASDAQ:AVGO) reported quarterly earnings of $6.96 per share which beat the analyst consensus estimate of $6.88 by 1.16 percent. This is a 28.89 percent increase over earnings of $5.40 per share from the same period last year. The company reported quarterly sales of $6.78 billion which beat the analyst consensus estimate of $6.76 billion by 0.27 percent. This is a 16.44 percent increase over sales of $5.82 billion the same period last year.