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In fiscal 2024, Broadcom expects revenue of about $50.0 billion including VMware's contribution. Analysts on average were expecting $52.50 billion, according to LSEG data.
By Arsheeya Bajwa (Reuters) -Chipmaker Broadcom forecast annual revenue below Wall Street estimates on Thursday, hurt by weak enterprise spending and ...
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:Chipmaker Broadcom forecast annual revenue below Wall Street estimates on Thursday, as weak enterprise spending and stiff competition cast a shadow on its acquisition of VMware.Shares of San Jose, California-based Broadcom, which recently closed its acquisition of the cloud computing firm, fell more than 1 p
(Reuters) -Chipmaker Broadcom forecast annual revenue below Wall Street estimates on Thursday, as weak enterprise spending and stiff competition cast a shadow on its acquisition of VMware. Shares of San Jose, California-based Broadcom, which recently closed its acquisition of the cloud computing firm, fell more than 1% in extended trading. In fiscal 2024, Broadcom expects revenue of about $50.0 billion including VMware's contribution.