Semiconductor firm Broadcom, Inc. (NASDAQ: AVGO) reported greater revenues and adjusted earnings for the fourth quarter of 2024.
Excluding non-recurring gadgets, earnings have been $1.42 per share within the October quarter, in comparison with $1.11 per share within the corresponding interval a yr earlier. On an unadjusted foundation, internet revenue was $4.32 billion or $0.90 per share in This autumn, in comparison with $3.52 billion or $0.83 per share within the prior-year quarter.
Fourth-quarter income got here in at $14.1 billion, greater than the $9.3 billion reported within the corresponding interval final yr.
