Broadcom delivers mixed Q1 results
Broadcom published its first quarter financial results on Thursday, beating earnings expectations but falling short on revenue. CEO Hock Tan noted in a statement that Broadcom benefited from strong results in its networking business, despite an anticipated sharp decline in wireless. The semiconductor device supplier posted non-GAAP earnings of $5.55 per share on revenue of $5.79 billion, up 9 percent… Read more →