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$AVGO
Broadcom Non-GAAP EPS of $2.44 beats by $0.04, revenue of $22.19B beats by $70M
Q2 Non-GAAP EPS of $2.44 beats by $0.04.
Revenue of $22.19B (+47.9% Y/Y) beats by $70M.
The Board of Directors of Broadcom has approved a quarterly cash dividend of $0.65 per share. The dividend is payable on June 30, 2026 to stockholders of record at the close of business (5:00 p.m. Eastern Time) on June 22, 2026.
Third Quarter Fiscal Year 2026 Business Outlook
Based on current business trends and conditions, the outlook for the third quarter of fiscal year 2026, ending August 2, 2026, is expected to be as follows:
Third quarter revenue guidance of approximately $29.4 billion vs consensus of $28.47B.
Third quarter non-GAAP operating income guidance of approximately 67 percent of projected revenue;
Third quarter Adjusted EBITDA guidance of approximately 68 percent of projected revenue.
Shares -7.85% AH.