Avago Technologies Earnings Growth Seen Accelerating

By | December 1, 2014

Scalper1 News

Avago Technologies (AVGO) late Wednesday is expected to report triple-digit revenue growth for Q4 as it expands its marketing reach and product portfolio following the acquisition of LSI. Analysts polled by Thomson Reuters have forecast earnings to jump 89% to $1.68 a share, while revenue is seen surging 110% to $1.55 billion. That would be the Singapore-based chipmaker’s sixth straight quarter of accelerating earnings growth and revenue growth. Scalper1 News

Scalper1 News