$Broadcom(AVGO)$ fell about 3% in after-hours trading on Thursday, just after announcing its Q4 earnings following the completion of its acquisition of $VMware(VMW)$ . Although the earnings exceeded expectations and the guidance for the next fiscal year was strong, there was no upward momentum.In terms of Q4 earnings, total revenue was $9.3 billion, higher than the market's expected $9.28 billion. Semiconductor solutions revenue was $7.33 billion, higher than the expected $7.27 billion, a year-on-year increase of 3%. Infrastructure software reached $1.97 billion, a 7% increase from the previous year. Operating activities generated $4.82 billion in cash, with capital expenditures of approximately $105 milli
One-sentence Review of a Company's Earnings
The earnings season is kicking off! Among the many companies recently releasing earnings reports (Tesla, Netflix, ASML holdings, etc.), which one are you most bullish/bearish on? Feel free to pick one company and use only ONE SENTENCE to comment on its Q3 earnings! ----------- Every insightful post over 30 words will earn 5 Tiger coins! π What's more, we'll randomly select 5 lucky participants to send exclusive Tiger gifts!π
+ Follow
+49