Benzinga | Dec 9, 2021 09:59PM EST

Recap: Broadcom Q4 Earnings

Broadcom (NASDAQ:AVGO) reported its Q4 earnings results on Thursday, December 9, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Broadcom beat estimated earnings by 0.9%, reporting an EPS of $7.81 versus an estimate of $7.74, which did not surprise analysts.

Revenue was up $940,000,000.00 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08, which was followed by a 1.18% increase in the share price the next day.

Here's a look at Broadcom's past performance:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 6.88 6.42 6.55 6.25EPS Actual 6.96 6.62 6.61 6.35Revenue Estimate 6.76B 6.51B 6.61B 6.43BRevenue Actual 6.78B 6.61B 6.66B 6.47B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.