Broadcom ‘Visibility’ To Trends Helps Q4 Beat

By | January 30, 2015

Scalper1 News

Broadcom stock rose Friday after its Q4 earnings and revenue late Thursday topped views, and an analyst praised its potential and “visibility” with hot tech trends. Broadcom said adjusted earnings rose 50% from the year-earlier period to 90 cents. Revenue rose 4% to $2.14 billion. Analysts polled by Thomson Reuters had expected 87 cents and $2.11 billion. Broadcom stock was up nearly 5% in midday trading in the stock market today, above 43 and Scalper1 News

Scalper1 News