Broadcom expects fourth quarter revenue to be $6.4 billion, up and down $150 million

On September 4, according to foreign media reports, apple supplier Broadcom said in its third quarter financial report of fiscal year 2020 on Thursday that its fourth quarter revenue was expected to be $6.4 billion, with a fluctuation of $150 million. < / P > < p > inspired by the upcoming 5g mobile phone and strong demand for its data center chips in the growing telework market, Broadcom expects its fourth quarter revenue to be higher than Wall Street’s expectations. < / P > < p > on average, analysts expect the company’s fourth quarter revenue to be $6.18 billion, according to ibes data from refinitiv. < p > < p > the third quarter of fiscal year 2020 released by Broadcom showed that the company’s revenue was $5.821 billion, a year-on-year increase of 6% compared with the same period in the previous fiscal year. < p > < p > if calculated according to U.S. GAAP, the company’s net profit in the third quarter was $688 million, down 3.78% year-on-year; the diluted earnings per share was $1.45, a decrease of $0.26 compared with the same period of last year. < p > < p > if not calculated in accordance with US GAAP, the company’s net profit in the third quarter was $2435 million, an increase of $154 million year-on-year; the diluted earnings per share was $5.4, higher than $5.16 in the same period of the previous fiscal year. < p > < p > after the financial report was announced, Broadcom’s share price rose 0.3% in after hours trading. So far this year, the company’s shares are up 14%, while NVIDIA and AMD are up 135% and 101% respectively. Fifth personality will be updated, please remember your game account, otherwise you may not be able to play normally

Author: zmhuaxia