By Adam Hejl
Publication Date: 2026-06-02 17:41:00
Fabless chip and software maker Broadcom (NASDAQ:AVGO) will be reporting earnings this Wednesday after the bell. Here’s what investors should know.
Broadcom beat analysts’ revenue expectations last quarter, reporting revenues of $19.31 billion, up 29.5% year on year. It was a strong quarter for the company, with revenue guidance for next quarter exceeding analysts’ expectations and a narrow beat of analysts’ adjusted operating income estimates.
Is Broadcom a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Broadcom’s revenue to grow 47.1% year on year, improving from the 20.2% increase it recorded in the same quarter last year.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Broadcom rarely misses Wall…
