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How Broadcom Beat Fiscal Q3 Earnings Expectations

Scarlett Ness
How Broadcom Beat Fiscal Q3 Earnings Expectations

Broadcom (AVGO) reported its fiscal third quarter of 2018 on September 6. In the third quarter, Broadcom’s earnings of $4.98 per share topped estimates by 3.1%. Broadcom’s earnings not only beat expectations in the third quarter but also increased 2% sequentially and 21.5% YoY (year-over-year).