Broadcom Inc. (NASDAQ: AVGO) reported second quarter 2021 earnings outcomes at present.
Revenues grew 15% year-over-year to $6.6 billion.
GAAP internet earnings was $1.4 billion, or $3.30 per share, in comparison with $563 million, or $1.17 per share, final yr. Adjusted EPS amounted to $6.62.
Each income and earnings surpassed market expectations.
For the third quarter of 2021, income is predicted to extend 16% YoY to approx. $6.75 billion.
The board has accepted a dividend of $3.60 per widespread share, payable on June 30, 2021 to stockholders of file as of June 22, 2021.