Shares of Broadcom Inc. AVGO climbed 12.7% during the pre-market trading session on Friday following the company’s first quarter earnings and revenue beat.
What Happened: Broadcom, a leading semiconductor company, reported first quarter revenue of $14.92 billion, surpassing the forecasted $14.61 billion on Thursday. The company’s adjusted earnings stood at $1.60 per share, exceeding the anticipated $1.49 per share.
The company’s total revenue saw a 25% year-over-year increase,…
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https://www.benzinga.com/25/03/44186691/broadcom-stock-surges-nearly-13-in-friday-pre-market-whats-going-on
