Broadcom reports Q2 2019 earnings

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Hock Tan, chief executive officer of Broadcom

Martin H. Simon | Bloomberg | Getty Images

Shares of chipmaker Broadcom fell more than 8% on Thursday after the company reported lower-than-expected revenue for the second quarter of its 2019 fiscal year, which ended on May 5, and cut its revenue guidance.

Here are the key numbers for the quarter:

  • Earnings: $5.21 per share, excluding certain items, vs. $5.16 per share as expected by analysts, according to Refinitiv.
  • Revenue:…



Source cnbc.com

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