Broadcom Bottoming? Q4 Beats But Outlook Light

By | January 31, 2014

Scalper1 News

Next-generation products could provide a lift for Broadcom’s (BRCM) wireless business in the second half of 2014, analysts say, with the chipmaker also expected to gain from its push into high-speed communications networks. Broadcom stock rose Friday after the chipmaker late Thursday reported Q4 revenue and EPS narrowly ahead of lowered analyst expectations amid slowing growth for smartphone makers Samsung and Apple (AAPL). Broadcom’s Q4 profit Scalper1 News

Scalper1 News