Avago Soars On Apple iPhone, But Storage May Hurt Q2

By | May 27, 2015

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Apple supplier Avago Technologies (AVGO) is expected to post its eighth straight quarter of accelerating earnings and sales growth when the chipmaker reports Q2 results after the market close Thursday. Analysts polled by Thomson Reuters expect Avago to report earnings per share excluding items of $2.01, up 136% from the year-earlier quarter. Revenue is expected to soar 133% to $1.635 billion. For the current quarter, EPS minus items is expected to Scalper1 News

Scalper1 News