Page 143 - Infrastructure Software News Today

Broadcom (NASDAQ:AVGO – Get Free Report) issued its quarterly earnings results on Thursday. The semiconductor manufacturer reported $10.54 earnings per share for the quarter, topping analysts’ consensus estimates of $10.43 by $0.11, Briefing.com reports. Broadcom had a return on equity of 74.58% and a net margin of 39.06%. The company had revenue of $8.85 billion […]

Broadcom Inc. (NASDAQ:AVGO) recently held its third quarter fiscal year 2023 financial results conference call. The Semiconductor Solutions revenue rose by 5% year on year to $6.9 billion, while Infrastructure Software grew by 5% year on year to $1.9 billion. Broadcom's networking revenue was $2.8 billion, up 20% year on year, representing 40% of the semiconductor revenue.

Broadcom (NASDAQ:AVGO – Free Report) had its price target boosted by Mizuho from $840.00 to $960.00 in a report published on Friday morning, FlyOnTheWall reports. Several other equities analysts have also recently commented on AVGO. Bank of America boosted their price objective on shares of Broadcom from $950.00 to $1,050.00 in a research note on […]

Broadcom (NASDAQ:AVGO – Get Free Report) announced its earnings results on Thursday. The semiconductor manufacturer reported $10.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.43 by $0.11, Briefing.com reports. The company had revenue of $8.85 billion for the quarter, compared to analysts’ expectations of $8.85 billion. Broadcom had a return […]

In this article, we discuss 10 best semiconductor ETFs. If you want to skip our discussion on the semiconductor market, head directly to 5 Best Semiconductor ETFs. Ever since the world has moved towards digital transformation, the semiconductor market has created quite the buzz. Semiconductors are crucial components for technology, be it smartphones, computers, electric […]

AVGO earnings call for the period ending June 30, 2023.

Farmers & Merchants Investments Inc. reduced its holdings in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 0.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,175 shares of the semiconductor manufacturer’s stock after selling 150 shares during the […]

Rosenblatt Securities reaffirmed their buy rating on shares of Broadcom (NASDAQ:AVGO – Free Report) in a research report sent to investors on Tuesday morning, Benzinga reports. They currently have a $900.00 price objective on the semiconductor manufacturer’s stock. AVGO has been the subject of several other research reports. KeyCorp boosted their price objective on Broadcom […]

Ever since the world has moved towards digital transformation, the semiconductor market has created quite the buzz.

Elo Mutual Pension Insurance Co grew its holdings in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 6.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,297 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,043 shares […]