Broadcom: EPS increased by 14% in the 2nd quarter


(CercleFinance.com) – Broadcom on Thursday evening published non-GAAP EPS of $10.32 for its second quarter 2022-23, up 14% year-on-year, and adjusted EBITDA increased by 11% to 5.69 billion for revenues up 8% to 8.73 billion.

“These results were driven by demand for next-generation hyperscale technologies, as enterprises and service providers continued to sustain themselves,” said CEO Hock Tan.

For its third accounting quarter (ended at the end of July), the semiconductor supplier is counting on an adjusted EBITDA representing around 65% of a turnover projected around 8.85 billion dollars.

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